Oil companies drilling on public lands must post larger bonds and pay higher royalties under a rule finalized Friday by the Biden administration.

Ukrainian lawmakers approved on Thursday an army mobilisation bill that sparked anger after it was stripped of provisions allowing long-serving soldiers to be discharged, as Moscow pounded the country's energy facilities, destroying a power station in the Kyiv region.  

Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone.

Venezuela on Tuesday announced the arrest of ex-petroleum minister Tareck El Aissami and dozens of others in a probe into an alleged multi-million dollar crypto fraud at state oil company PDVSA.

Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday.