Basrah Gas Co., which counts Shell, Mitsubishi Corp. and Iraq's state-owned South Gas Co. as shareholders, will boost its production to 1.4 Bcf/d from the current 1 Bcf/d by 2025 at a cost of $3 billion,

In support of the Biden Administration’s commitment to modernize the nation’s power grid and infrastructure and deliver 100% clean energy to businesses and homeowners by 2035, the U.S. Department of Energy (DOE) today announced the availability of up to $8.25 billion in loans

U.S. commercial crude oil inventories increased by 0.1 million barrels from the previous week to 493.1 million barrels,

U.S. Rig Count is up 2 from last week to 440, Canada Rig Count is down 4 from last week to 51

U.S. Rig Count is down 1 from last week at 438, Canada Rig Count is down 1 from last week to 55

Brent rose 42 cents, or 0.6%, to $65.82 a barrel. WTI jumped 51 cents, or 0.8%, to $61.94 a barrel.

OPEC+ officials said they see no reason to be alarmed, and the group's production is set to rise anyway.

which enshrines the EU's commitment to reaching climate neutrality by 2050 and the intermediate target of reducing net greenhouse gas (GHG) emissions by at least 55% by 2030,

The bill is a first step to create legislation that will allow to regulate CO2 emissions in Russia.

"Russia is willing to present a range of joint projects and consider potential benefits even for foreign companies that would like to invest in clean technologies, including in our country," Putin said.