OILPRICE

Representatives of the EU’s 27 member states approved on Wednesday a new sanctions package against Russia, targeting another nearly 200 tank...

Ethiopia secured more than $1.6 billion worth of investment deals – most of these with Chinese firms – in its energy and minerals sectors at...

Despite the ongoing trade tensions, global electric vehicles sales jumped by 29% from a year earlier to 1.5 million units in April, EV resea...

Australia’s Woodside Energy and Saudi Aramco have signed an agreement to explore cooperation opportunities that may include the Saudi compan...

Canada’s new Prime Minister, Mark Carney, suggested he would support a new pipeline project if there is consensus about it, he said in an in...

U.S. President Donald Trump likes crude oil prices in the range of $40 to $50 per barrel, Goldman Sachs analysts have said, following an ana...

For decades, recycling plastic has been a losing game — too slow, too expensive, and too limited in scope. Most methods rely on high-heat ex...

The world’s biggest oil and gas firms are embracing AI and related technology to maximize savings, optimize operations, and boost earnings....

The race has been on between the world’s leading powers to secure as much of the globe’s current and future liquefied natural gas (LNG) supp...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week e...

On the heels of my recent article outlining how California’s unique fuel regulations — not corporate price gouging — are driving up gasoline...

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. But this star is, at least for the time being, dimming...

Via Metal Miner   There’s no doubt that China is desperately seeking new markets to hawk its goods and commodities after the U.S. trade tari...

Oil prices jumped 3% on Tuesday after the U.S. and China agreed to a 90-day pause on new tariffs, easing fears of another front in the globa...

India and Pakistan agreed to a ceasefire on Saturday, preventing escalating tensions from developing into a full-scale conflict–for now. The...

The U.S. State Department rolled out another round of sanctions Tuesday targeting an Iranian oil smuggling network allegedly responsible for...

What was marketed as a fragile return to order in Libya has, once again, been exposed as a mirage. On May 12, Tripoli plunged into chaos fol...

The United States and Saudi Arabia signed an economic partnership agreement and a number of energy deals between Saudi oil giant Aramco and...

A surprise offer by US President Donald Trump on May 12 to join Ukraine-Russia talks later this week in Istanbul prompted a call between US...

Saudi Arabia’s crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in June—roughly the same volume...

Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading. Despite that develop...

Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the African countr...

U.S. LNG exporter Venture Global more than doubled its first-quarter revenue from a year earlier as its Plaquemines and Calcasieu Pass plant...

Supply chain constraints and higher cost have forced energy companies to withdraw eight projects to build gas-fired power plants in Texas un...

Brazil’s state oil firm Petrobras will pay $2.1 billion in dividends for the first quarter after posting a jump in net income due to one-off...