OILPRICE

Pipelines transporting crude from America's top-producing shale basin to major export hubs in Texas are nearing capacity limits. With US cru...

Hess Corp. (NYSE:HES) has posted an impressive second-quarter earnings report with its stake in prolific Guyana helping it exceed estimates....

Work on the ‘energy corridor’ that will provide a direct link from Russia to Iran (for gas in the first instance) will begin soon, according...

The U.S. Oil & Gas sector is producing 8x above the volume of methane many operators have pledged to achieve by 2030 to reach their climate...

Crude oil prices today moved slightly higher, after the Energy Information Administration reported an inventory draw of 3.4 million barrels...

Indian Oil Corporation, the state-held refining giant, saw its net profit plummet by 81% for the first quarter of the 2024/2025 fiscal year...

German energy giant Uniper raised on Wednesday its earnings outlook for 2024 after reporting stronger-than-expected financial figures for th...

Sarawak, the biggest state in oil and gas producer Malaysia, is set to take control of its natural gas assets as the state on the Borneo isl...

Saudi Arabia’s gross domestic product contracted again in the second quarter compared to year-ago levels, pushed down by an 8.5% dip in oil...

Brent Crude prices spent just a few hours below the $80 a barrel mark as tensions in the Middle East flared up again, pushing oil prices up...

Geopolitical risk has well and truly returned to oil markets after Israeli strikes killed Hamas leader Ismail Haniyeh and senior Hezbollah m...

Cenovus Energy has shut down one unit at its Lima, Ohio, refinery following “an issue” at the facility, a spokesperson for Cenovus told Reut...

The UK’s government raised the amount of money to offer wind power developers in the next auction by 50% to 1.5 billion pounds, which is equ...

Crude oil prices were up early on Wednesday morning following reports that the leader of Hamas, Ismail Haniyeh was killed in Iran. Hamas con...

Wind and solar power generation overtook fossil fuel electricity in the EU in the first half of 2024, for the first time, clean energy think...

Crude oil prices have been tightly range-bound for about a year now, with bearish and bullish factors largely balancing each other out. But...

Over the past three years, giant trading houses and trading desks of Big Oil companies have taken advantage of the extreme volatility in oil...

European green energy firms are holding off on decisions about their American operations amid growing concerns that a Donald Trump administr...

Crude oil inventories in the United States fell again this week, this time by 4.495 million barrels for the week ending July 26, according t...

Colombia's state oil company, Ecopetrol SA, announced that natural gas from its Caribbean offshore projects is unlikely to start flowing bef...

Via Metal Miner   After aluminum prices increased in the spring and early summer, bulls became exuberant, believing that “green” initiatives...

In 2024, nine of the world’s 10 busiest ports are located in Asia, underscoring the eastward shift in global trade flows. Due to supply chai...

In a continued escalation of hostilities, Ukrainian forces have reportedly targeted another Russian oil depot, this time in the Kursk region...

The United States on July 29 announced two assistance packages for Ukraine valued at $1.7 billion. White House National Security Council spo...

Glencore expects to announce next week its decision on whether it would spin off its coal and carbon steel materials business, the mining an...