OILPRICE

Canada’s Strathcona Resources supports MEG Energy in its process to explore potential mergers after MEG recommended that shareholders reject...

Israel is in control. The U.S. is not, because it currently has no foreign policy to speak of. It is entirely reactionary, which means what...

The government of Mozambique is ready to lift the force majeure imposed on TotalEnergy’s LNG project in the country as soon as the company a...

Crude oil prices could rise by between 15% and 20% from pre-war levels in case of disruption of 1.1 million barrels daily in production, Cit...

Crude oil prices were set for another weekly gain today, the third in a row, as Israel and Iran continued to bomb each other with no sign of...

Big Oil firms expect global oil demand to stop growing at some point early next decade. But the decline will be very slow and gradual and wi...

One of President Trump’s top priorities when he took office was to remove generous subsidies for things like wind and solar power that, crit...

Kazakhstan and China have moved to deepen their strategic partnership, with the two allies set to sign 60 agreements worth up to $25 billion...

Today, the world is filled with conflict. Part of the problem is oil limits, but there are many other issues as well: Resources such as coal...

Crude prices are technically higher today, but the market mood feels anything but bullish. WTI is clinging to $75.60 (+0.61%), but that mask...

The growth in US power demand is surging to its highest rate in decades, driven first by the electrification of oil and gas production and t...

The global tide is turning in favor of nuclear energy after decades of distrust and an adverse policy environment. This week, the sea change...

SpaceX’s Starship prototype exploded over the Indian Ocean on Thursday during its fourth “hotfire” engine test, dramatically underscoring th...

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices li...

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two vessel tracking...

The UK government has quietly admitted that renewables and other low-carbon technologies essential to the rapid drive to net zero are more e...

Namibia, one of the latest exploration hotspots in the world, is weighing potential further incentives and financing options to offer to int...

China has eased its restrictions on exports of rare earth elements by approving “a certain number” of export licenses, its commerce ministry...

India and Pakistan are weighing their options in case the Israel-Iran conflict disrupts oil supplies through key chokepoints. While many ana...

Japan’s government will implement measures to ensure that the Israel-Iran conflict and potential escalation wouldn’t result in major spikes...

Russian President Vladimir Putin claimed he is ready "to find a solution" to his war with Ukraine and to potentially meet with the Ukrainian...

Russia believes that Moscow, its OPEC+ ally Saudi Arabia, and the United States could work together to stabilize the oil market if necessary...

As part of a push to streamline global assets and reduce costs, U.S. supermajor Chevron is inviting non-binding bids from potential buyers o...

Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq N...

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to...