Global energy prices are forecast to rise by nearly 25 per cent next year, the World Bank said Thursday.
Iran is planning to increase its oil production from the current 600 million to 1 billion cubic metres per day, the vice minister for petroleum said on Saturday.
Installation of the Turkish Stream natural gas pipeline in the Black Sea will begin next year, Russian Energy Minister Alexander Novak said Wednesday.
Russian Prime Minister Dmitry Medvedev has signed a decree to suspend atomic research and development work with the United States, his website said Wednesday.
Militant group Niger Delta Avengers Saturday said it attacked an important export pipeline in Nigeria’s oil-rich south.
Iran is planning to export 2.4 million barrels of oil per day by March, according to the Ministry of Petroleum.
Kuwait started enforcing increases in domestic petrol prices on Thursday as low oil prices have put pressure on the crude-producing Gulf country's budget.
Cyprus and Egypt are to build a natural gas pipeline between the two Mediterranean countries, Cypriot media reported on Wednesday.
Nigerian militants attacking oil installations in the Niger Delta have called a ceasefire and expressed a willingness to negotiate with the government.
Australia has stopped the sale of a major electricity distributor to state-owned Chinese companies on national security grounds, a senior government official said Thursday.
Electric car producer Tesla has reached an agreement to move forward on a controversial 2.6-billion-dollar takeover of the clean power firm SolarCity, the Palo Alto, California-based company...
British Prime Minister Theresa May had "raised objections" to Chinese investment in a controversial new nuclear power plant during the previous coalition government, former business secretary...
The Organization of the Petroleum Exporting Countries (OPEC) should set production quotas for individual members, Iran demanded Thursday at a meeting of the cartel, highlighting divisions over the...
The European Union gave its blessing Friday to plans by Germany to subsidize the closing down of eight power plants fired by highly polluting lignite, also known as brown coal.
A referendum in Italy on limiting offshore drilling rights for oil and gas failed Sunday as the necessary 50-per-cent turnout threshold for its validation was not reached, preliminary results...