Renewables push China’s fossil‑fuelled power into first annual drop in 10 years
BEIJING, Jan 19 (Reuters) – China’s mostly coal-based thermal power generation fell in 2025 for the first time…
OMV CEO says strict rules on plastic recycling could stifle innovation
Item 1 of 2 OMV CEO Alfred Stern briefs journalists in Vienna, Austria September 22, 2025. REUTERS/Lisa Leutner…
Libya devalues dinar by 14.7%, second cut in less than a year
Jan 18 (Reuters) – Libya’s central bank announced a 14.7% devaluation of the dinar on Sunday, setting the…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Maersk explores more ethanol use for green fuel to cut reliance on China, FT reports
Jan 11 (Reuters) – Danish shipping company Maersk (MAERSKb.CO), opens new tab is looking at increasing its use…
Tax breaks help Russian oil exporters stay afloat as discounts deepen
MOSCOW, Dec 30 (Reuters) – Discounts on Russian oil at export terminals have once again approached historic highs,…