OILPRICE

OPEC saw its crude oil production decline by 48,000 barrels per day (bpd) in April compared to March, the organization’s monthly report show...

After rejecting a second takeover bid from BHP, mining peer Anglo American unveiled on Tuesday plans to divest or demerge its diamond, plati...

Japan would need to increase its electricity output by between 35% and 50% by 2050 to meet a proportionate surge in demand, a government pro...

Indonesia has offered five onshore and offshore oil and gas blocks in its first tender for the year amid efforts to reverse an extended prod...

Petrobras reported a net profit of some $4.63 billion for the first quarter of the year, which was 38% lower than its first-quarter 2023 res...

Europe’s supermajors are doubling down on their core business, returning cash to shareholders and considering relocation to the United State...

The only real power that Saudi Arabia has in the world comes from its oil sector. The greater its production appears to be, the more it is t...

The Biden Administration is preparing to announce major hikes in tariffs on Chinese clean energy technology and goods, including on electric...

Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading to drilling in the protected region. The rese...

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) rose 7.06% from April to May. The aluminum price remained bullish throughou...

After U.S. oil output hit an all-time high in the final two months of 2023 with year-over-year growth clocking in at over 1 million barrels...

When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocator, this is what they are ta...

Gulf Keystone Petroleum has laid out plans to return $10m (£8m) to shareholders as its board attacked the company’s weak share price. In a t...

While inflation concerns dragged oil prices lower earlier on Monday, with U.S. consumer price data due out Tuesday, by late morning, anticip...

On May 8, the European Commission presented a new round of sanctions on Russia and Belarus to the ambassadors of the European Union member s...

Anglo American said on Monday it had rejected a second takeover offer from BHP which would create a major mining group. Last month, mining g...

Russia Opens New Front Line in Ukraine, in Kharkiv BlitzkriegRussia Targets Kharkiv in Major Offensive After Kyiv Attacks Refineries Over th...

Nigeria has launched oil production from a new field in the Niger Delta region, which is expected to raise crude output at Africa’s top oil...

One of Chevy's longest running vehicle models has now fallen at the hands of the company's transition to EVs. The Chevy Malibu will be no lo...

Around 43.8 million Americans will travel during Memorial Day weekend—the highest in nearly two decades, AAA projections showed on Monday in...

Eni is considering spinning off some stakes in oil and gas projects in Asia and Africa to have partners for their development while putting...

The European Commission will end an investigation into Chinese solar companies after the firms withdrew from bidding for a solar power proje...

The European Union member states signed off on Monday on stricter emission standards for heavy-duty vehicles, which include a 90% emissions...

China has boosted its imports of coal and natural gas so far this year, as it looks to stockpile fuel for the power plants ahead of the summ...

Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to stop the merger between Chevron and Hess Corp., claiming it w...