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Tankers and container ships that have been avoiding the Red Sea route are set to burn additional 500,000 barrels per day (bpd) of fuel oil t...

Politics, Geopolitics & Conflict The Libyan Parliament (controlled by the eastern Tobruk-based government) on Tuesday voted to end the rival...

The most significant factor driving crude oil prices this week has been the escalating geopolitical tension in the Middle East. The ongoing...

A group of leading U.S. solar panel manufacturers are calling on the U.S. Administration to slap retroactive duties on cheap imports from Vi...

Oilfield services giant SLB, formerly Schlumberger, is still operating in Russia and expanding its operations there in the absence of its bi...

Crude oil prices were set for a weekly increase earlier today as optimism returned to the oil market following the release of a couple of be...

The U.S. power market is poised for a major shake-up as consumption is soaring amid the AI technology boom. The surge in power demand, led b...

Shares of LNG company NextDecade Corp. (NASDAQ:NEXT) have tanked nearly 50% after an appeals court issued an order vacating the company’s fe...

China, the world’s biggest maker of solar panels, EVs, and wind turbines, has built the world’s largest offshore oil platform that will be u...

Wheat woes will hit Kazakhstan during the second half of 2024. A projected overabundance of the country’s chief agricultural export commodit...

Iran has kept the world on edge since it promised to strike Israel more than two weeks ago -- a move experts say could plunge the region int...

The closure of Ningbo Beilun’s Phase III Terminal is expected to have cascading effects on the main trans-Pacific trade lanes out of Asia, a...

DP World, a key Dubai-based port operator, reported earnings on Thursday, showing a ~60% profit plunge due to Red Sea attacks by Yemen’s pro...

A new agreement for Kazakhstan to join Chinese-led plans to build and operate a research base on the moon could set the stage for deepening...

After shedding gains on Wednesday following a U.S. crude inventory build and the Biden administration’s suggestion that a Gaza ceasefire dea...

Norwegian maintenance and concerns about supply due to the conflicts in the Middle East and Ukraine will support near-term natural gas and L...

OPEC’s second-largest producer, Iraq, seeks to attract more investment in its oil and gas industry by moving to profit-sharing contracts for...

The United States will continue to buy crude when prices are in the $70s a barrel or lower and plans to add several million barrels of crude...

Russian exports of petroleum products to Asia via the southern tip of Africa nearly doubled in July from a month earlier to hit an all-time...

Orsted is delaying construction and start-up at a U.S. offshore wind project, which resulted in impairment losses incurred for the second qu...

Higher costs and ongoing field developments are set to boost oil and gas investments to a record high offshore Norway, the top hydrocarbon p...

U.S. LNG developer Venture Global doesn’t need additional time to start up production at its Calcasieu Pass LNG facility, its customer BP ha...

Crude oil prices snapped a two-day losing streak on Wednesday that extended into today’s session in Asian midmorning trade supported by grow...

Crude oil refineries in China produced 6.1% less fuel in July this year than a year earlier, logging the fourth consecutive monthly decline...

Texas has added British bank NatWest to its list of financial institutions that boycott the energy industry, meaning any business NatWest ma...