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.