Maguire: Maguire, China's renewables boom has boosted it to a rare clean-capacity club.
In 2025, the world's largest polluter will have crossed an important energy transition threshold by installing more clean power generation capacity than fossil fuel generation capacity.
Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.
Three sources familiar with the matter have confirmed that PDVSA, Venezuela's state-run petroleum company, is in talks with its joint-venture partners to offer them expansions…
Trump ends US vehicle emission standards, revokes climate regulations
On Thursday, the administration of President Donald Trump announced that it had repealed a scientific conclusion that greenhouse gasses endanger human life and removed federal…
Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.
Three sources familiar with the matter said that the state-run PDVSA of Venezuela is currently in discussions with its joint venture partners including Chevron Repsol and…
Can Africa win the mineral race between China and the West? Russell
Two rail projects worth billions of dollars are underway in Africa. One project was aimed westward, and the other eastward. The one backed by Western nations, the other by China.
Vitol CEO: Oil supply is squeezed by geopolitical factors
Vitol CEO Russell Hardy stated on Thursday that the global oil market has tightened despite predictions of an 'oversupply'. U.S. sanctions have limited the?outlets? for Russian and Iranian oil…
ARKO Petroleum raises 200 million dollars in an upsized US IPO
Fuel distributor ARKO Petroleum has priced its "upsized" U.S. IPO at the lower end of its range. This raised a little over $200 million. The company based in?Richmond?Virginia sold 11…
Gulf stock markets fall due to US-Iran tensions and earnings.
Stock markets in the Gulf slowed in early trading on Thursday, pressured both by a lacklustre earnings report and investor unease over tensions between the United States and Iran. U.S.
Can Africa win the mineral race between China and the West? Russell
Two rail projects worth billions of dollars in Africa. One project was aimed west and the other east. The one backed by Western nations, and the other by China. Both aim…
Energy secretary warns against legitimacy of Chinese deals
Chris Wright, the U.S. secretary of energy, urged on Wednesday that the U.S. invest more in Venezuela during the most high-level visit to the U.S. focused on energy policies in almost three decades.
SOLV Energy's Nasdaq debut earns it a valuation of $6 billion
SOLV Energy shares grew 20% on 'Wednesday in New York, valuing the firm at $5.98 billion. This highlights a'strong rebound in IPO activity in - 2026. The shares opened at $30…
TotalEnergies CEO seeks clarification on EU ban on Russian gas
Patrick Pouyanne, the CEO of TotalEnergies, said on Wednesday that the company is asking both France's?government and EU Commission for clarification on an EU ban against importing liquefied gas from Russia.
Andy Home, Andy Home: The US and Canada are now working together to secure critical minerals.
The U.S. president Donald Trump just announced "Project Vault", an $12 billion stockpile of critical minerals intended to protect U.S. manufacturing companies from disruptions in supply. The U.S.
Norway Wealth Fund seeks investment in battery storage as the market matures
Norway's sovereign fund announced on Wednesday that it hopes to make its initial investments in battery storage systems. This reflects the increasing importance of batteries…
Russia claims US restrictions on its involvement in Venezuela's oil industry are discriminatory
Foreign Minister Sergei Lavrov stated on Wednesday that the new U.S. restrictions imposed on Russia and other countries' role in Venezuela's petroleum business was blatantly discriminatory.
Congo declares it will seek out other partners in the event that US Minerals Framework fails
If the minerals?cooperation agreement with the United States does not lead to concrete projects, then the Democratic Republic of Congo will seek out other partners. The…
US Energy Secretary to Arrive in Venezuela With Herculean Task of Oil Recovery
This week, the U.S. Department of Energy Chris Wright will visit Venezuela. It is the highest-level U.S. The OPEC country has not had a visit to discuss energy policy in almost three decades.
Saudi and US firms partner on northeast Syria Energy Project
Two people with direct knowledge of the plan say that Saudi Arabian and U.S. firms will form a consortium to explore and produce oil and gas in the northeastern part of Syria.
Chile to receive its first Australian LNG in 3 years amid tighter Atlantic supply
According to ship tracking data, two Australian LNG cargoes are on their way to Chile. This would be the first time in three years that Chile has received shipments of this nature.
EU meets in Belgian castle for economic rivalry with US and China
Leaders of the European Union gather at a castle in Belgium on Thursday to discuss how they can compete with a global competitor like China, and a less reliable allie like the U.S.