The Latest Breaking News on Energy

WASHINGTON — The House on Wednesday may begin consideration of a bill that would alter the president’s authority to tap the Strategic Petroleum Reserve. President Joe Biden has said he would veto it.

Californians are being hit with big increases in their utility bills this winter as natural gas prices spike dramatically, and it’s exceptionally bad timing.

It now costs around £23 less to fill an average-sized car than it did in July

On the surface, booming US shale gas production looks like the perfect solution for Europe as it reels from the energy crisis created by tearing itself away from Russian gas. But analysts say it is no panacea.

North Dakota's oil industry posted another tepid month in November with production falling 2.1 %.

PTT Exploration and Production Plc (PTTEP) expects gas production at the Erawan gas field in the Gulf of Thailand to increase to the normal level of 800 million metric standard cubic feet per day (MMSCFD) by April next year, part of efforts to increase domestic gas supply and reduce electricity…

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Bulgaria is looking to revive a trans-Balkan oil pipeline project to secure non-Russian crude oil supplies for its only oil refinery on the Black Sea, controlled by Russia's Lukoil, President Rumen Radev said on Tuesday.

Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

Fracking catapulted America to the top of the energy hierarchy, but low yields and a lack of reinvestment threaten that position