The number of total active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 764 this week—243 rigs higher than the rig count this time in 2021. Oil rigs in the United …

Reduced energy supply due to sanctions against Russia and Moscow’s closure of key pipeline gas export routes will force Europe to fight for oil and gas wells after the coming winter, as the current crisis is not a story for one winter, analysts at consultancy Energy Aspects said. Europe will …

Equinor ASA, the Norwegian energy major, could be an “important partner” for the power, oil and gas giant that Poland is creating from state-controlled companies, according to Daniel Obajtek, the chief executive officer of refiner PKN Orlen SA. Poland selected Orlen, central and eastern Europe’s largest refiner, to become the …

For years, the energy sector, and almost every other sector, has taken water for granted, viewing it as an abundant resource. But as we move into a new era of renewable energy, the vast amounts of water required to power green energy operations may not be so easy to find. …

Western countries’ unilateral sanctions slapped Moscow with ignite even more man-made carbon dioxide emissions from the shipping industry as Europe rejiggers energy supply chains away from Russia by sourcing energy products from far away. Jan Dieleman, Cargill Inc.’s head of ocean transportation business, told Bloomberg that European importers are hiring …

France’s TotalEnergies has signed a further $1.5 billion investment in Qatar’s natural gas production expansion, which comes as Europe scrambles to find new energy sources to replace Russian supplies. The French energy giant will have a 9.3 percent stake in the North Field South gas project, the first foreign partner …

Europe’s frantic search for gas supplies in the wake of Russia’s invasion of Ukraine is being stymied by buyers’ unrealistic demands, TotalEnergies SE’s chief executive officer said. “If Europe wants some security of supply, it has a cost,” Patrick Pouyanne said in the Qatari capital, Doha, where the French energy …

Millions of Britons have faced impossible choices in recent months as the cost-of-living crisis has worsened, with 5.6 million people, or 11%, having gone without food because of the rising cost of living as energy and food prices soar, the Money Advice Trust charity said in a new report on …

A year after President Xi Jinping promised China would stop building coal power plants overseas, the country has completed 14 such facilities beyond its borders and will finish another 27 soon, according to a new report. Most of the projects that were in progress when Xi made the announcement are …

The EU may have a plan to ban all Russian diesel purchases in February, but in the meantime, European buyers are happy to pay more for Russian diesel now than they did back in May, industry sources told Reuters. The ban on Russian seaborne diesel imports, set to go into …