OILPRICE

The European Union member states are split on the provisional EU tariffs on imports of Chinese electric vehicles, as many governments seek t...

North Dakota’s crude oil production declined by about 50,000 barrels per day (bpd) in May compared to April, marking the lowest monthly outp...

Oil prices continued to be weighed down in Asian trade on Wednesday by growing concerns about China’s economic growth and oil demand which w...

Four largely unexplored sedimentary basins in India could hold up to 22 billion barrels of oil, S&P Global Commodity Insights has reported....

One of the largest Western investors in Egypt’s energy sector, Italy’s Eni, has announced that it is to drill new wells in the country’s fla...

Saudi Arabia has entered into joint ventures with two Chinese solar firms to build solar plants in the country worth some $3 billion, highli...

Crude oil inventories in the United States fell sharply this week by 4.44 million barrels for the week ending July 12, according to The Amer...

Russia will implement additional crude oil production cuts during the warmer seasons to compensate for exceeding its OPEC+ quota in months p...

Via Metal Miner The Construction MMI (Monthly Metals Index) held true to its year-long sideways trend, only budging down 1.07%. While base m...

Last year, TotalEnergies (NYSE:TTE) and Africa Oil (OTCPK:AOIFF) announced they had abandoned the multi-billion dollar South Lokichar projec...

As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investm...

Gore Street Energy fund said it remains confident in delivering strong returns to investors despite “challenging” conditions in Britain’s en...

Kazakhstan and Uzbekistan have announced a goal of more than doubling trade volume in “the coming years.” To hit that very ambitious target,...

The International Monetary Fund (IMF) has downgraded its growth forecast for the Saudi economy due to ongoing oil production cuts by OPEC+....

The Arctic LNG 2 project in Russia, which Western sanctions have hit in recent months, significantly reduced its production of natural gas i...

Oil prices are falling on Tuesday morning as weaker-than-expected economic data from China sparks demand concerns. WTI crude fell back to th...

The skewed activity is highlighted by explorers demarcating assets within their portfolios as ‘core’ areas of operations, with the majority...

India has raised its windfall tax on petroleum crude effective July 16, the government said in a notification on Monday.  The windfall tax o...

Russian seaborne crude oil exports dropped in the four weeks to July 14 to the lowest levels since January, pointing to a likely improving c...

ExxonMobil continues to bet big on Guyana, planning a new project set for start-up in 2029 and expected to boost Guyana’s oil production cap...

The Iran-aligned Houthis in Yemen have attacked two ships in the Red Sea, including an oil tanker, and one vessel in the Mediterranean, the...

Bolivia’s state-owned oil and gas company YPFB has discovered a massive natural gas field, which is the biggest such find in nearly two deca...

While countries like Brazil and the United States are often seen as major pressures on OPEC oil production policies, Saudi Arabia’s ambitiou...

July 6 saw Masoud Pezeshkian announced as the new president of Iran, following the death in a helicopter crash of his predecessor Ebrahim Ra...

The Biden administration is awarding nearly $2B in grants to General Motors (NYSE:GM), Stellantis (NYSE:STLA) and other carmakers to help re...