​ New report from Consumer Reports found that electric vehicles have almost 80% more problems and are “generally less reliable” than conventional internal combustion engine cars. Good thing every major government…

   ​ Spot liquefied natural gas freight rates and European LNG prices fell this week when compared to the week before, according to Spark Commodities. Last week, LNG freight rates were almost…

   ​ US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending November 29, while natural gas deliveries to these terminals dropped by 0.6 percent compared to…

   ​ On November 24, more than two years after Taliban fighters drove into Kabul to reclaim control over Afghanistan, a key, lasting outpost of the government they had overthrown shut…

   ​  The OPEC+ group of major oil-producing countries led by Russia and Saudi Arabia agreed to deepen production cuts to about 2.2 million barrels per day (bpd) at a…

   ​  South Africa has received a shipment of 450 gasoline generators donated by China to ease the impact of severe power shortages in the country, local media reported on…

   ​ Oil Price Total revenues for Russia’s largest oil and gas exporters plunged by 41% between January and September compared to the same period last year, due to lower commodity…

   ​ ​ Environmental groups filed an appeal Thursday, challenging recent decisions by an Ohio regulatory commission to allow drilling under a state park and two state wildlife areas. Those decisions…

   ​ A unit of ConocoPhillips is working to resume production at the Australia Pacific LNG plant on Curtis Island after the 174,100-cbm Cesi Qingdao was moved from the terminal early…

   ​ A presidential decree has transferred stakes in St. Petersburg’s Pulkovo to a domestic entity President Vladimir Putin signed an order on Thursday transferring all the rights of St. Petersburg’s…

   ​ Brazil will become a member of the OPEC+ coalition in January 2024, Brazilian Energy Minister Alexandre Silveira announced on Nov. 30, 2023. The announcement was made during the rescheduled…

   ​ (Bloomberg) – Occidental Petroleum Corp. is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America’s most prolific…