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The ongoing OPEC+ oil production cuts and the improved compliance with quotas from some producers are supporting Brent Crude, offering a mod...

The EU’s General Court on Wednesday dismissed a case brought by Gazprom-led Nord Stream 2, the company behind the gas pipeline that was neve...

A court adviser has proposed that the court-ordered auction of assets of Venezuela’s PDV Holding, the parent company of refiner Citgo, shoul...

Australia is on track to deliver its 2030 emissions reduction target, the federal government said ahead of a report on the country’s path to...

Gazprom is assuming in its internal planning for 2025 that it would not be sending natural gas to Europe via Ukraine as of January 1, a sour...

Crude oil prices remained stable today as a ceasefire between Israel and Hezbollah took effect, suggesting the end of violence in the oil re...

The price of liquefied natural gas in Asia could surge to above $20 per million British thermal units this winter as supply tightens in Euro...

Two weeks ago, U.S. oil and gas giant, Exxon Mobil Corp. (NYSE:XOM) announced it had reached 500M barrels of oil produced from Guyana's offs...

In just a few short years, Guyana has become a factor to reckon with in global oil. The country is on track to hit the 1-million-bpd mark be...

Global natural gas markets are tightening this heating season, leading to higher costs of LNG supply to Europe in what could be a colder win...

Crude oil inventories in the United fell by 5.935 million barrels for the week ending November 15, according to The American Petroleum Insti...

When Donald Trump floated the idea of slapping 25% tariffs on Canadian and Mexican imports, it was more than just a shot across the bow—it w...

One of President-elect Donald Trump’s key achievements when first in office was keeping the benchmark oil prices within a very carefully man...

U.S. natural gas producers are preparing for stronger demand and higher prices for their product as data center proliferation accelerates fu...

Russia overnight launched 188 drones and four cruise missiles at targets in Ukraine -- a record number of projectiles in a single attack, Ky...

The United States set a new crude oil production record in August 2024, averaging 13.4 million barrels per day (bpd), according to the Energ...

In May of 2014, during President Vladimir Putin’s state visit to Beijing on May 21, China and Russia signed a 30-year gas supply agreement w...

Turkey is seeking a U.S. sanctions waiver to continue using a now-sanctioned Russian bank for paying for its energy imports from Russia, whi...

Oil markets are fully focused on this Sunday's OPEC+ meeting after top officials from the three biggest producers in the alliance met on Tue...

It is unlikely that Russian gas giant Gazprom, a shareholder in Nord Stream 2, would agree to hand over ownership of the pipeline to a U.S....

U.S. oil and gas supermajor Exxon does not expect American producers to gear up in a “drill, baby, drill” mode once Donald Trump becomes U.S...

Europe is losing and will continue to lose competitiveness and jobs if it doesn’t tackle its high energy costs compared to other regions, Mo...

Top officials from the three biggest producers in the OPEC+ alliance – Saudi Arabia, Russia, and Iraq – met on Tuesday to discuss the state...

Russia’s crude oil exports by sea fell in the four weeks to November 24 compared to the previous four-week average by the steepest volume si...

China is on track to import this month the highest volume of thermal coal, the one used in power generation, since at least 2017, as electri...