OILPRICE

Oil-rich Egypt has big plans for the future of its fossil fuel development with several major new auctions and investments planned for the N...

Normally the elections for the 31-member Inatsisartut, the parliament of Greenland, would get scant attention. The world's biggest island, w...

Many countries across Europe are investing heavily in the development of green hydrogen projects to help decarbonise hard-to-abate industrie...

The premier of Canada’s most populated province, Ontario, has become the tip of the spear of Canada’s response to the trade war started by U...

In May 2023, Iraq announced the Development Road, $17 billion, 1,200-kilometer rail line and roadway from a new port at Al Faw in southern I...

United States President Donald Trump has vowed to make it easier to develop oil and gas projects in Alaska, despite concerns about environme...

As the share of renewables rises in energy grids around the globe, the inflows of energy to the grid become more variable, placing stress on...

The world is re-embracing nuclear energy after decades of decline, driven by technological advances and the need to keep pace with growing e...

Carbon capture and storage (CCS) were the words on everyone’s lips a couple of years ago, as most big oil majors began to invest heavily in...

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

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is real—but temporary. Brent crude briefly dipped near $69...

While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a rebound in America’s gas output...

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor...

After what has been a rollercoaster of a week for oil markets, oil prices started to recover some of their losses on Friday morning.Friday,...

India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a tender to buy U.S. WTI crude in four consecutive...

Saudi Arabia just dialed back its crude prices for Asia, according to Aramco’s just-published rate sheet. The company has trimmed official s...

US Tariffs on Canada and Mexico See Another Delay - Less than four days after US President Trump imposed tariffs on Canada and Mexico, the W...

Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC...

Russia attacked energy and gas infrastructure in Ukraine early on Friday, the Ukrainian energy minister and national gas firm Naftogaz said....

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigeria’s oil production in February 70,000 barrels...

Indonesia has started replacing diesel as a fuel in dozens of power plants with LNG, which is set to boost demand for natural gas in one of...

Brazil looks to boost its economy with money from its $3.5-billion social fund, which collects revenues from oil and gas exploration and pro...

Problems with the salt content in Pemex oil have been solved, the country’s president Claudia Sheinbaum said, after multiple reports about t...

China’s crude oil imports over the first two months of the year fell 5% on 2024 as the parting round of sanctions that the Biden administrat...

U.S. tariffs on Canada and Mexico, as well as signals about comfortable supply levels have combined to pressure oil into ending the week wit...