OILPRICE

Finance ministers and central bank governors from the Group of Seven democracies agreed during a meeting in western Canada that Russia could...

A high-stakes arbitration kicks off Monday in London that could make or break Chevron’s $53 billion bid to acquire Hess Corp—and with it, a...

The total number of active drilling rigs for oil and gas in the United States came crashing down this week, according to new data that Baker...

South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned oil enterprise designed to cons...

Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstan’s Energy Min...

Suriname, the South American nation hoping to replicate Guyana’s oil boom, is voting on Sunday in presidential and general elections to deci...

Trump's threat to place a 50% tariff on the EU has renewed demand concerns in oil markets, with both Brent and WTI set to finish the week lo...

Can OPEC+ Reclaim Lost Market Share from Shale? - As OPEC+ members are expected to gather for their monthly ministerial meeting on June 1, a...

While the federal government of Iraq welcomes cooperation with U.S. energy firms, Baghdad noted on Friday that direct deals with the semi-au...

Crude oil futures are in a position to finish lower this week as a series of bearish developments weighed on trader sentiment, with supply-s...

U.S. President Donald Trump has taken to social media to criticize once again the UK’s energy policy to pursue renewables and tax North Sea...

The top U.S. energy officials will host on June 2 an event with officials from South Korea, Japan, and Taiwan to tout the $44-billion Alaska...

U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant...

The U.S. Administration wants the EU to make unilateral cuts to its tariffs on American goods and abolish a proposed digital tax for trade n...

Mexico’s Pemex plans to cut 3,000 jobs as part of a restructuring move aimed at reducing its expenses, Bloomberg has reported, citing a comp...

A substantial drop in the spot market price for Emirati crude has triggered a demand surge from Asia, Reuters reported today, citing data fo...

Crude oil prices were set for a weekly decline today, following a report that OPEC+ was planning to add another 411,000 barrels daily to its...

Many people are perhaps familiar with the term “petrostates”, which usually denotes oil-rich nations that are deeply intertwined with the oi...

After two years of booming activity, the merger and acquisition space in the U.S. has slowed down significantly. Buyer are turning their att...

Beijing has strengthened its dominance in the supply chains of critical minerals and rare earth elements despite a push by the Western natio...

Turns out Washington isn’t buying what Brussels is selling—at least not yet. While the EU is lobbying to lower the G7’s $60-per-barrel price...

Exploitation of the vast Vaca Muerta shale in Argentina’s central southwest has unlocked a gargantuan unconventional hydrocarbon boom for th...

China’s decades-long reign as the world’s top oil demand driver is nearing its end, according to new research published by Moody’s Investors...

The text that passed the House on a 215-214, party-line vote early Thursday is even less favorable to clean energy interests than a previous...

Elon Musk has issued a stark warning to those behind violent attacks against Tesla, vowing criminal consequences for what he described as “e...