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Israel ordered Chevron to shut down a major natural gas field, which could send prices spiking further just before winter
Israeli natural gas from the Tamar offshore gas platform is exported to Egypt where it is turned in…
Huileng Tan
US oil production just hit a record high
US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…
Kelly Cloonan
India's biggest LNG importer posts record profit in Q3 at Rs 1,190 cr
Petronet LNG Ltd, India's biggest Liquefied Natural Gas (LNG) importer, posted a record third quart…
PTI
The oil and gas industry is undergoing its biggest-ever consolidation
Upstream merger and acquisition activity hit $144 billion in the fourth quarter alone and $190 bill…
Filip De Mott
Capitalising on India's energy revolution: A guide for smart investors
Early investment in transformative trends often yields the highest returns, as seen with the rise o…
European natural gas prices soar 30% as key source to close permanently after hundreds of earthquakes
The Groningen gas field in the Netherlands is set to shut down October 1, limiting Europe's gas sup…
Filip De Mott
Wholesale inflation falls to 3-month low of 2.04% in July as food prices ease
In April wholesale inflation stood at 1.19 per cent. As per the data, food inflation in Ju…
PTI
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
Renewable power demand will triple in the next 7 years amid AI boom, energy CEO says
As AI continues to boom, data centers will need more power. NextEra Energy Inc.'s CEO thinks renewa…
Kelly Cloonan
Russia will sell natural gas to China at almost a 50% discount compared to European buyers
Russia and China's economic ties appear to be deepening still, with Moscow expecting to give a stee…
Phil Rosen
US natural gas prices plummet 13% as streak of mild winter weather set to continue
Henry hub natural gas futures for April fell to $2.62 per million British thermal units, its lowest…
Jennifer Sor
The AI boom will push America's shaky power grid to its limit
"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson t…
Matthew Fox
Oil prices would double if India didn't trade with Russia, energy minister says
"The world is grateful to India for buying Russia's oil," Indian minister Hardeep Singh Puri told C…
Filip De Mott
Stock market news: US stocks slide and bond yields rise as traders eye new economic data
Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…
Jennifer Sor
It costs more than $200,000 a day for traders to ship liquefied natural gas as tanker supply dwindles
Daily charter rates to ship LNG for October and November have surged to $206,750 and $284,750, resp…
Zahra Tayeb
Wholesale inflation rose for fourth straight month in June to 3.36%, owing to rising vegetable and food prices
Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent o…
PTI
Skyrocketing natural gas prices should be investigated for market manipulation, California Governor Gavin Newsom says
While natural gas prices have plunged elsewhere in the US, California residents are paying a nearly…
Jennifer Sor
These 4 US regions will see electricity bills increase the most this summer
Residents of Mid-Atlantic and Pacific states should be the most wary of rising energy bills.
Filip De Mott
BlackRock buys renewable natural gas producer for $700 million as demand for the commodity heats up amid global energy crunch
Vanguard Renewables, which turns food waste into natural gas, counts Ben & Jerry's and Chobani as i…
Matthew Fox
Natural gas prices fall to 25-month low as key Texas LNG facility looks to restart exports
Freeport LNG asked federal regulators to bring a Texas export hub back online, according to a filin…