The United States on Friday imposed sanctions on companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.

Iraq's oil minister affirmed Iraq's commitment to the OPEC+ reduction decision and the compensation of its overproduction share, he said in a statement on Saturday.

Public Service Enterprise Group Inc is on track to sell its fossil-fired plants by the end of the year as it transitions into a mostly regulated utility operator and producer of 100% clean energy, the power company's chief executive said.

U.S. shale producers are taking advantage of the oil market's rally to levels not seen in nearly a year by locking in prices for future sales, sources familiar with the matter said.

Iraqi Oil Minister Ihsan Abdul Jabbar expects oil prices to reach around $60 in the second quarter of 2021, he said in an interview with Iraq's Sharqiya TV on Friday.

Nigeria's FirstBank and a unit of energy giant Shell said on Friday members of a community in southern Nigeria had no right to seize assets from a bank branch this week in a dispute over compensation for an oil spill more than five decades ago.

The Trump administration is considering requests from the oil refining industry and its backers for a sweeping nationwide waiver to exempt them from their obligations to blend biofuels, a measure they argue would help them weather the economic impact of the coronavirus pandemic...

The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead, pointing to the latest notifications by the Danish Maritime Authority.

A U.S. judge approved the sale of shares in Venezuelan-owned refiner Citgo's parent company to pay Canadian gold miner Crystallex a $1.4 billion judgment for expropriation of its assets, even as the Treasury Department blocks the sale of the shares.

China’s electricity system was already becoming stretched - even before unusually cold weather descended on most of the country in December and January.

Royal Dutch Shell-owned German solar battery maker sonnen expects to expand in line with its core market, which is growing fast as people look to move away from fossil fuels.

The Trump administration took another swipe at China and its biggest firms on Thursday, imposing sanctions on officials and companies for alleged misdeeds in the South China Sea and imposing an investment ban on nine more firms.

Malaysia's medical glove makers face weeks of delays in delivering products to customers abroad due to a global shortage of shipping containers, hampering their ability to meet demand during the coronavirus crisis, industry officials said.

China's Shandong provincial authorities have sacked two top officials in the city of Qixia following Sunday's explosion at a gold mine in the area that left 22 workers missing, state media reported on Friday.

A perfect storm of freezing temperatures and a supply-led gas price rally has stoked thermal coal demand, with prices at multi-year highs, reminding power suppliers and consumers that its appeal won't fade in a straight line.

SQM , the world's No. 2 lithium producer, cut a deal with Chile in 2018 that allowed it to ramp up output from the Atacama, a remote and fragile desert salt flat whose indigenous inhabitants fear may be jeopardized by mining.

Germany aims to speak with the new U.S. administration about the Nord Stream 2 gas pipeline as soon as it takes office, German Foreign Minister Heiko Maas said on Friday.

Investors are rushing to invest in alternative energy funds this year on hopes of more green reforms, with President-elect Joe Biden set to take office next week.

A U.S. judge on Thursday denied a request by Native Americans to block the Trump administration from publishing an environmental study that would trigger a land swap needed by Rio Tinto Ltd to build a copper mine in Arizona.

Members of Arizona's San Carlos Apache tribe filed a property lien on Thursday in an attempt to regain control over land that the U.S. government is poised to give to Rio Tinto Ltd for the Resolution Copper mine.