The EU is waking up to an energy crisis and asking people to reduce energy consumption, as fears of a supply crunch set in. Energy analysts are calling for concrete measures and a boost in...
As Trump dials up pressure on Europe to guard the Strait of Hormuz, Russia is taking advantage of the rise in energy prices to the detriment of Ukraine and its allies in Europe. US President Donald...
US President Donald Trump has announced an agreement with Venezuela’s interim government to transfer millions of barrels of oil to the US. DW explores how the plan could be a blow to China, Russia, Iran...
India, as the world’s third-largest energy consumer, has traditionally depended on oil imports to meet its growing energy demands. This reliance not only poses challenges to energy security but also leads to a substantial outflow...
Nigeria’s military and security forces have dismantled illegal oil bunkering sites in a decisive blow against illegal trade. But can this bold crackdown lead to a permanent end to economic sabotage? Nigeria’s military and security...
Turkey is increasing its engagement in several African countries in an effort to boost its influence and trade. But with China and Russia being the dominant players there, Ankara is struggling to find its role....
Energy-hungry Pakistan wants to proceed with a natural gas pipeline connecting it and neighboring Iran. But the US has warned about the risk of sanctions in doing business with Tehran. Pakistan announced at the end of...
The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and...
With the acquisition, ExxonMobil will command a dominant position over the top oilfield in the United States. Fossil fuel emissions are considered the main drivers of climate change. ExxonMobil has sealed a $59.5 billion (€56...
As the world economy reels from a global slowdown amid the Ukraine war, Brazil could benefit from the multiple crises. No matter whether it’s oil, gas, lithium, food, renewable energy — Brazil has plenty of...
Britain will award hundreds of new licences to explore for oil and gas in the North Sea, its government says. Premier Rishi Sunak said it was “vital” to boost the country’s energy independence. The UK is to...
As sanctions cut off major Russian banks from much of the West’s payment systems, finding ways to pay for the crude India imports from Russia has become a challenge. India has emerged as a major buyer...
