U.S. & International

European gas prices swing as LNG surge battles Arctic blast

Thursday, December 8, 2022, 6:35 AM MST

European natural gas prices fluctuated as record imports of liquefied natural gas helped to offset a blast of winter weather…

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US, UK sign LNG deal in race to secure supplies for next year

Wednesday, December 7, 2022, 6:57 AM MST

Britain and the US agreed to work together to ensure liquefied natural gas keeps flowing next year in an effort…

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US sees record 2023 oil output in reversal after cutting outlook

Wednesday, December 7, 2022, 6:32 AM MST

The US raised its forecast for oil production next year, reversing course after five straight months of cuts that stoked…

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UK eases ban on new wind farms, considers OKing coal mine

Wednesday, December 7, 2022, 6:10 AM MST

Environmental groups on Wednesday welcomed a decision by Britain's Conservative government to lift its opposition to onshore wind farms. But…

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Oil spill smears coast in Venezuelan tourist hotspot

Wednesday, December 7, 2022, 6:05 AM MST

An oil spill has polluted more than 2.5 miles (4 kilometres) of coastline at the city of Lecheria, one of…

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Europe can ride out gas crunch this winter and next, Engie says

Tuesday, December 6, 2022, 7:03 AM MST

Europe is likely to pull through this winter and the next as it makes up for dwindling Russian natural gas…

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EU should counter US climate law with own version, France says

Tuesday, December 6, 2022, 6:52 AM MST

The best way for Europe to counter a US climate law that it fears will harm businesses and lure investment…

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Saudi Arabia sharpens petrochemicals focus in energy transition

Tuesday, December 6, 2022, 6:21 AM MST

Saudi Arabia plans to allocate more than a third of its current oil output to chemical production by 2030 in…

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German minister pursuing hydrogen in Namibia, South Africa

Monday, December 5, 2022, 6:50 AM MST

German Economy Minister Robert Habeck began a five-day trip to Namibia and South Africa Sunday, part of a push to…

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US seeks halt to oil-reserve sales to refill depleted stockpiles

Friday, December 2, 2022, 6:31 AM MST

The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill…

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EU edges closer to $60 per barrel Russian oil price cap

Friday, December 2, 2022, 6:19 AM MST

European Union was edging closer to setting a $60-per-barrel price cap on Russian oil – a highly anticipated and complex political and…

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Maduro calls for more sanctions relief after Chevron licence

Thursday, December 1, 2022, 6:59 AM MST

Venezuela President Nicolas Maduro urged the US to ease more sanctions on the country’s beleaguered oil industry, saying a license…

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