South Korea plans to scale down its reliance on renewable energy sources and boost nuclear generation to meet its tougher climate goal.

Jeff Currie, the closely followed head of commodities research at Goldman Sachs Group Inc., says he’s never seen commodity markets pricing in the shortages they are right now.

Russian oil is still powering Europe — just with the help of India.

Germany will bring several mothballed coal plants back to the market this winter to ensure that Europe’s largest economy can keep the lights on when demand peaks.

Renewable-energy producers have long touted the promise of cheap electricity, an assurance that’s helped them eat into the dominance of fossil fuels. But the pledge has gone too far, according to the...

Germany is set to close almost half of its nuclear power capacity before the end of the year, putting further strain on European grids already coping with one of the worst energy crunches in the...

Scott Lindberg’s dream of becoming a petroleum engineer was fueled by childhood drives through Texas oil country with his energy-consultant father, passing pumpjacks and pipeline hubs that kept the...

The finalists include startups working on everything from decreasing dyeing’s carbon footprint and reducing tires’ microplastic toll.

For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines, according to the International Energy Agency.

Alcoa Corp. is set to halt primary aluminum production at its plant in Spain for two years, the latest casualty of soaring energy prices in Europe.

The kingdom is building a $5 billion plant to make green fuel for export and lessen the country’s dependence on petrodollars.

The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy.

For decades, Nigeria’s state oil company couldn’t maintain refineries meant to ensure domestic fuel supply, forcing Africa’s biggest producer to rely on imports. Now it wants to build hospitals to...

Russia’s economy has staggered through the first full month of the war with Ukraine but it may yet emerge with a sparkling balance sheet if some of its biggest trade partners don’t turn off the tap...

The United Arab Emirates said it will call on its fellow OPEC+ members to boost oil output faster, a dramatic U-turn that could set the country against fellow members of the alliance led by Saudi...

Nuclear power is emerging as a green back-up option for renewables in Europe and to help reduce reliance on foreign supplies of natural gas.

Chancellor Olaf Scholz reiterated his opposition to reversing Germany’s exit from nuclear power to help cut reliance on Russian energy, saying the technical challenges would be too great.

A shrinking fleet of domestic refineries is producing a greater share of the world’s gasoline and diesel, setting the stage for a supply crisis.

Mexico’s mega-refinery project Dos Bocas is expected to cost 40% more than previously estimated and is unlikely to be completed by the government’s 2022 deadline, casting serious doubts on whether...

Gazprom PJSC said it will shift its contract to supply gas to China to rubles and yuan from euros, as the Kremlin steps up efforts to move trade out of currencies it considers “unfriendly” amid US...

A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices.

The threat to shut down an export terminal is a clear warning to Europe.

Surging electricity prices and ever-tighter European Union emission norms are pushing the bloc’s industrial producers toward nuclear power, according to the company that operates the continent’s...

Petroleos Mexicanos’s nearly $105 billion in debt already makes it the biggest borrower of any oil company in the world. And it’s accruing more.

After a week-long marathon of calls between world leaders and video conferences featuring dozens of energy ministers, it was the moment the 2020 oil price war finally ended.

Russia’s state-controlled Gazprom PJSC suspended natural gas deliveries to Italy in an apparent scuffle over regulation in Austria, escalating the energy crisis in Europe.

The US uranium enrichment industry would get a $2.7 billion infusion in a government funding bill unveiled Sunday, reflecting efforts to wean the nation off nuclear fuel imported from Russia.

India is discussing a plan to keep old power stations running for longer, arguing that they’re needed to meet demand until enough energy storage can be built.

The world’s biggest independent oil trader said crude prices, already up more than 10% this year, could rise even further because of tight supplies.

Stratospheric oil prices are flowing through into the plastics industry with producers reducing activity as profit margins collapse, a first sign of the demand destruction that may spread to other...

Unless the need for oil slows dramatically, the prospect of inadequate supply and triple-digit prices is real.

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Estonian Prime Minister Kaja Kallas warned that Russia could be preparing to disconnect the three Baltic countries from its electricity grid, leading to potential blackouts amid a broader energy...

Mario Draghi will visit Algeria on Monday as part of a plan to wean Italy off Russian natural gas.

The U.S. oil market is flashing ever more signs of tightness and supplies can barely keep up with a scorching surge in fuel demand.

Disappearing snowpack is accelerating the historic drought across the Western US, and so far government responses haven’t matched the scale of the problem.

Russia failed to boost oil output last month despite a generous ramp-up quota in its OPEC+ agreement, indicating the country has deployed all of its current available production capacity.

Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.

President Joe Biden has ordered the federal government to buy electric vehicles made in America with union labor. There’s just one problem: No such vehicles exist.

Vitol Group, the world’s biggest independent oil trader, expects global crude demand to climb by an extra half a million barrels a day this winter as a gas-led energy crunch drives a rush for other...

Prices for diesel — used to power trucks, fuel machinery and heat homes — have surged about 50% amid shrinking inventories and a strained export market.

Sweden started an oil-fired reserve power plant after Poland said it needed help from its neighbors to meet soaring electricity demand as freezing weather spread across Europe.

Japan will sell crude from its strategic reserves from Wednesday, the second time it’s doing so following U.S. calls for help to curb rising prices.

The world's oil stockpiles are looking a lot lower than expected. All those 'missing barrels' might make prices soar further.

China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects.

Germany’s coal phase-out plans face a potential setback after the energy regulator predicted the country will need a lot more fossil-fuel power plants on standby to help keep the lights on in the...

The U.K. has the European Union to thank for sending enough vaccines to fight its “terrible situation” with coronavirus cases increasing by the thousands each day, said Euoprean Internal Market...

Saudi Arabia urged fellow members of the OPEC+ oil alliance to remain cautious as they prepare to consider further output increases.

The Biden administration’s top energy official said the US will redouble its efforts to break free from its reliance on Russian nuclear fuel.

Liquefied natural gas buyers in Asia are already busy securing cargoes for winter, indicating that competition in a tight market may lead to a further jump in prices.

Crude may need to approach triple digits before the world’s biggest exporter lowers its guard.

Fertilizer producer CF Industries Holdings Inc. will halt ammonia production at its remaining UK plant in response to soaring natural gas prices, a move that could reduce carbon dioxide supply...

Some German power plants are not getting enough coal delivered because of low levels on the river Rhine, threatening to derail the country’s plan to store more fuel ahead of winter.

The liquefied natural gas market is hurtling toward a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel.

A turnaround in Canada’s wheat crop may help boost world supplies.

U.K. power prices have climbed so high that the cost of a new controversial nuclear plant, criticized for being too expensive, is now looking reasonable.

Electricite de France SA is selling the first green bond in Europe that can be used to finance nuclear energy projects.

Canada’s oil companies are outperforming their energy-producing peers as the highest oil prices in seven years brings a windfall of cash.

The fuel crisis on America’s East Coast is deepening as terminals running low on diesel are now down on gasoline, too.

South Africa and Indonesia will receive a combined $1 billion from the Climate Investment Funds to replace some of their coal-fired power plants with renewable energy facilities, part of global...

Shortages of the fuel are rippling throughout the global economy, threatening recessions and a further wave of inflation.

The world’s biggest independent oil trader said crude prices, already up more than 10% this year, could rise even further because of tight supplies.

The world's oil stockpiles are looking a lot lower than expected. All those 'missing barrels' might make prices soar further.

Blackstone Inc. co-founder Stephen Schwarzman said the world could face energy scarcities so severe they trigger social unrest.

Even with one of the world’s most powerful green politicians in charge, Germany is failing on almost all its climate targets.

China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s physical oil traders who’ve just seen imports from Russia all but halt at a time when local demand...

Russia failed to boost oil output last month despite a generous ramp-up quota in its OPEC+ agreement, indicating the country has deployed all of its current available production capacity.

Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields.

Natural gas prices shot up more than 400% as a deep freeze is set to hit Texas, potentially sending demand for the heating fuel soaring.

Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground.

Nigeria has 3% of the world's proven gas reserves. It has tapped almost none of it.

Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as Russia’s invasion of Ukraine drives a recovery in the market.