Hungary’s Prime Minister Viktor Orbán has raised concerns about the European Union’s policy of sanctioning Russia. He argues ...

China's natural gas demand is growing rapidly, driven by urban heating, cooking, and industrial use. China is the world’s ...

Crude oil inventories in the US rose more than expected in the week ended November 8 as product stocks fell sharply, EIA said ...

Commerce ministry officials said the ministry has formed a "special taskforce" to monitor and review the market situation and supply chain of essentials at the district level ...

Efforts to increase the refining capacity of ERL began in 2012 as part of a broader strategy to reduce the country's reliance on imported refined fuel. In the 2023-24 fiscal year, BPC imported ...

The Association of Nigerian Professionals in Europe (ANPE) has raised alarm over the import of substandard and potentially ...

European Union countries approved a law in May to impose methane emissions limits on Europe's oil and gas imports from 2030, ...

There are two main reasons for this shift: productivity gains and globalization. As capital and goods began flowing freely ...

Oil Quoted in Dollars Crude oil is quoted in U.S. dollars (USD). Countries that import oil pay for it in the greenback.

Hamid, President of African Refiners and Distribution Association (ARDA) has proposed a three-tier strategy to promote Africa’s energy independence. These, ...

The transition to renewable energy remains an important goal, even amid some strong opinions that overlook the evidence of ...