OILPRICE

Libya’s National Oil Corporation (NOC) said it has hit a new production high, pumping 1,386,030 barrels of crude oil and condensate daily, a...

U.S. liquefied natural gas (LNG) plants are running near full throttle, with demand from export facilities hitting 14.6 billion cubic feet (...

Brazil has announced the permanent offering of 91 oil blocks across key basins, aiming to attract significant investment and bolster energy...

Global exports of liquefied natural gas (LNG) reached a record high of 106.4 million tons in the first quarter of 2024, the Organization of...

The government of African country Uganda plans to wholly finance a $4-billion oil refinery through equity, The EastAfrican news outlet repor...

A recent report in Bloomberg has collected and analyzed five years of satellite images monitoring the South China Sea off Malaysia to detail...

Iranian Foreign Minister Abbas Araqchi says his country may change its nuclear doctrine and develop a bomb if UN sanctions are reimposed on...

Ukraine hit on Friday an oil depot in Russia’s southern region of Rostov amid an escalation of attacks from both Russia and Ukraine in recen...

The Israel-Hezbollah ceasefire takes out just one strand of the geopolitical premium in oil prices, with a lot of uncertainties remaining fo...

It's been a relatively calm week for oil prices despite plenty of developments on both the geopolitical and fundamental front, but prices mi...

Brent Crude oil prices are expected to average $74.53 a barrel next year, the monthly Reuters poll of dozens of analysts showed on Friday, a...

Spain’s Repsol has reached a deal to sell producing oil and gas assets in Colombia to Latin American producer GeoPark for $530 million, as p...

Russia continues to send stable volumes of natural gas supply to Europe via Ukraine, a month before the deal for transiting the gas via Ukra...

Venture Global, the controversial LNG producer, is set to start production at its new facility within days, the Financial Times has reported...

The federal government of Canada has signaled it worries about the possibility of the next U.S. administration imposing a 25% tariff on all...

Crude oil prices were set for a weekly loss today despite a flare-up in the Middle East and the virtual certainty OPEC+ would not be bringin...

Naval and coast guard vessels from several European countries have forced a Chinese commercial ship to anchor in the Baltic Sea after suspec...

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

The share of electricity in China generated from coal dipped below 60% of the total for the first time since the start of the year. Some hav...

China and Russia have agreed to cooperate more deeply in developing Arctic shipping routes amid deteriorating conditions between both countr...

As Israel hastens its attacks on Iranian proxies in Syria, amid the fragile ceasefire with Hezbollah in Lebanon, Syrian rebels in the north...

Ocean Leonid Investments Ltd, a hedge fund linked to secretive Iranian oil trader Hossein Shamkhani, has informed its London employees that...

Germany’s Federal Constitutional Court has backed the country’s energy windfall tax and rejected a suit targeting a levy introduced two year...

BP Plc’s (NYSE:BP) subsidiary BP Trinidad and Tobago (“BPTT”) signed a production-sharing agreement with Trinidad last week for the giant Cy...

China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China. China is the world'...