OILPRICE

Woodside Energy has reached a deal to sell oil and gas assets offshore in Trinidad and Tobago to UK-based firm Perenco as part of portfolio...

A federal district judge has issued a ruling against a Gulf lease sale conducted by the Biden administration in 2023, saying the Interior De...

Shell has decided to scrap wind and solar power generation projects it had planned to build in Brazil, citing the unfavorable investment env...

Crude oil prices were on course for their third weekly rise as concern grew about supply after President Trump threatened 25% tariffs on any...

Russia’s central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher U.S. and non-OP...

Europe’s gas storage levels this week reached an uncomfortably low level of some 34% full. Germany’s alone has dropped to 29%. Yet LNG impor...

The world’s biggest independent commodity traders will return to trading Russian energy if sanctions are relieved enough to allow it. But th...

Via Metal Miner   A rare earth metals report by none other than a state-backed research institute is not only likely to unsettle the Chinese...

After three years of attention-seeking behavior hurling tomato bisque at masterpieces and glue-sticking themselves to random surfaces, the U...

President Trump's national security probe under Section 232 of the Trade Expansion Act of 1962, launched in February to review raw copper, r...

Oil prices are looking to finish the week in the green, with the pessimism that dominated the markets in the early part of the year beginnin...

India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny...

Russia is upset that commercial banks in Kazakhstan are exhibiting “excessive caution” in settling payments and extending loans involving co...

US and Russian statements laying out a framework for limiting military actions in the Black Sea were widely welcomed as a step to wider ceas...

On Monday, Trump presented a brand-new policy tool to the world, “secondary tariffs.” That is, if other countries buy Venezuelan oil and gas...

Saudi Aramco, the world’s top oil firm and single biggest crude exporter, is in discussions to invest in two planned refineries in India, so...

BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major n...

As the fallout from Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: there are lots of losers...

Chinese state-owned oil and gas giant CNOOC reported on Thursday an 11.4% rise in net profit for 2024, as record oil and gas production offs...

The U.S. Administration has left it to the oil companies and ethanol producers to reach an agreement on the next renewable fuel standard, so...

The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, has secured...

The ramp-up of Sustainable Aviation Fuel (SAF) has been slower than expected due to high costs and economic uncertainty, putting global clea...

Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipeli...

Oversupply is set to extend an already sizable decline in coal prices in China, which could boost demand, based on a Bloomberg report that n...

The United States’ Department of Justice has filed a civil lawsuit at a district court in D.C. for the forfeiture of $47 million in proceeds...