OILPRICE

China’s authorities have approved the proved gas in-place volumes of over 100 billion cubic meters in a new discovery in the western part of...

Oil prices have gained 2% in today's trading session, primarily driven by escalating geopolitical tensions in the Middle East and compoundin...

Independent producer Tullow Oil reported on Wednesday more than doubled profit after tax for the first half of 2024 amid higher oil and gas...

Mining and commodity trading giant Glencore is ditching plans to spin off its coal business as shareholders continue to see value in it and...

Qatar will invest $180 million in a Europe-based critical minerals investment company, joining the U.S. development bank in supporting the f...

A U.S. appeals court has vacated the remand authorization of NextDecade Corporation’s Rio Grande LNG export project issued by the Federal En...

China imported 9.97 million barrels of oil daily last month on average, which was 12% lower than the June figure and 3% lower than the daily...

The U.S. Energy Information Administration (EIA) has recently puzzled oil market watchers and participants with a considerable upward revisi...

Crude oil prices dipped today, after the latest oil inventory report from the API showed a build, alleviating concern about the state of glo...

Suncor Energy reported a net profit of C$1.57 billion, or $1.14 for the second quarter of the year, attributing it to stronger production an...

The supermajors continue to bet on LNG while scaling back renewables projects and investments as oil and gas returns continue to trump the p...

Aramco’s production cuts have caused a decline in the company’s stock over the past few months, while other major oil companies have enjoyed...

Last year, the Intergovernmental Panel on Climate Change (IPCC) published a report that global financial flows into climate solutions are cu...

Via Metal Miner The Automotive MMI (Monthly Metals Index) maintained a steady sideways trend month-over-month, only moving down 2.53%. Overa...

In the midst of the pandemic, investors would have baulked if you’d said the Rolls-Royce share price would become one of the hottest stocks...

The U.S. Energy Information Administration (EIA) has raised its forecast for crude oil demand in the United States, according to the agency’...

Marylanders and residents in surrounding states should brace for rising power bills due to capacity constraints on the regional power grid a...

At least five U.S. military personnel were wounded in a rocket attack on an airbase in western Iraq on Monday, anonymous U.S. officials told...

The U.S. Department of Energy (DOE) is continuing its efforts to bolster the depleted Strategic Petroleum Reserve (SPR) with new oil purchas...

Oil prices have been tumbling in recent weeks, but there are signs that they may have hit their bottom, with glints of bullish sentiment and...

U.S. utility giant Duke Energy (NYSE: DUK) beat analyst estimates as higher sales volumes and increased rates boosted its revenues for the s...

Goldman Sachs expects a $75 per barrel floor under Brent Crude prices that is unlikely to be breached due to the current macroeconomic fears...

Global oil demand is expected to rise by between 1.6 million and 2 million barrels per day (bpd) in the second half of the year, Saudi Aramc...

Marathon Petroleum (NYSE: MPC) booked higher-than-expected earnings for the second quarter amid higher processing volumes that partly offset...

The U.S. Department of Energy is allocating $2.2 billion in grants for upgrades of the grid to make it more resilient to extreme weather eve...