Sky-high energy prices and historic inflation may have caused financial woes to ordinary Britishers but the multinational oil and gas companies are having a payday.

UK gas major Centrica's profits soar amid sky-high energy prices

As millions of American employees return to their offices after working from home for almost two years, they are being greeted by high prices on almost every items.

Now, American workers have a new headache. It’s called ‘Lunchflation’

The Biden administration has leased millions of acres in the Gulf of Mexico for oil and gas drilling, days after President Joe Biden asserted in the climate summit in Glasgow that US would “lead by example” in tackling climate change.

Days after promising to fight climate change, US auctions off oil and gas drilling lease in Gulf of Mexico

Troop call? British army may soon be deployed to deliver fuel

In an unexpected turn of events, Norway has recently claimed that its new huge oil facility is good for the environment. The Johan Sverdrup field was opened by the Norwegian prime minister last week.

New oil facility will 'reduce emissions', says Norway; gets labelled hypocrite

Russian President Vladimir Putin and Chinese leader Xi Jinping launch Monday a gas pipeline that is the first of three ambitious projects intended to cement Moscow's role as a top gas exporter.

Three new pipelines cement Russia's role as 'gas kingpin'

The Indian government is set to introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing many consumers to choose a new supplier, a senior regulatory official said.

India to launch rules to end gas distributor's monopoly in 34 areas

Natural gas is expected to overtake coal as the world's second-largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday, The Paris-based IEA said in its World Energy Outlook 2018 that energy demand would grow by more than a quarter between 2017 and 2040 assuming more efficient use of energy - but would rise by twice that much without such improvements.

Natural gas to overtake coal as world's second largest energy source: IEA

'You have brilliant people in India. We have brilliant people in Israel. What we can do is shape the future together,' Netanyahu said

India and Israel can shape the future together, says Israeli PM Netanyahu

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