The Latest Breaking News on Energy

WASHINGTON — The Biden administration is delaying the replenishment of the nation’s emergency oil reserve after deciding the offers it received were either too expensive or didn’t meet the required specifications, according to people familiar with the matter.

Last month, nuclear fusion topped headlines around the world when scientists at Lawrence Livermore National Laboratory in California announced an essential milestone in developing this nascent technology. They achieved “ignition,” meaning more energy came out of a reaction than was needed to make the reaction happen in the first place.…

A pipeline operator has put a damaged section in Kansas back into service, a little more than three weeks after a spill dumped 14,000 barrels of crude oil into a creek

Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.

Oil and gas giant has accused the EU of overreaching its authority with move to tax profits amid energy crisis

Vladimir Putin’s forces increasingly diminished at epicentre of fighting in Donbas, analysts believe

Russian ban will come into force on 1 February 2023 and lasts until 1 July

Moscow’s response to the Western price cap is to stop supplying crude oil and oil products from February 1.

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that impose the cap. The Group of Seven major powers, the European Union and Australia…