OILPRICE

Saudi Arabia’s oil revenues have been suffering from the oil price slump during the second quarter. But there’s a silver lining in falling c...

Demand for liquefied natural gas from the biggest importing region—Asia—has remained strong this year, although it has experienced a certain...

Suppose you wanted to get into the LNG business in the U.S. to take advantage of the global low-cost of supply advantage held by America. So...

For most of the past century, energy producers could count on steady oil demand growth. From industrial development in China to population b...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 million barrels in...

The global appetite for critical minerals and rare earths is skyrocketing, according to a report issued by the International Energy Agency....

As many as 4,000 livelihoods are at risk after the owner of Britain’s largest bioethanol plant has warned it could shut within days, citing...

Via Metal Miner Has the countdown to the end of China’s steel dominance in its own and international markets begun? Some steel industry repo...

China’s Geo-Jade Petroleum has signed a swathe of major contracts that give Beijing control over Iraq’s first fully integrated energy projec...

Germany plans to do all it takes to keep the Nord Stream 2 pipeline offline, German Chancellor Friedrich Merz said on Wednesday at a news co...

Russia could consider adjusting the oil price level in its so-called budget rule amid falling oil prices, Finance Minister Anton Siluanov sa...

US President Donald Trump again lashed out at his Russian counterpart Vladimir Putin after Russia capped a three-day bombing spree with its...

The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices co...

China has asked its coal-fired power plants to boost stockpiles with domestic supply as authorities aim to push up local demand and prices,...

After six years of reviews and delays, Australia’s federal government has approved a proposal that would see the operating life of its bigge...

The OPEC+ group could start talks about establishing the baselines for individual members’ production quotas for 2027 as early as today, del...

ExxonMobil intends to sell its 83% stake in its French business Esso SAF to Canada-based energy firm North Atlantic, the U.S. supermajor sai...

Tankers sanctioned by the United States in January have been used in recent ship-to-ship (STS) transfers of Russian crude on vessels that ha...

The Trump administration will grant Chevron the right to keep its operations in Venezuela after its sanction waiver expires in June, Reuters...

The Vancouver Fraser Port Authority is planning to dredge an inlet in order to be able to accept fuller oil tankers, sparking concern among...

Saudi Arabia may cut its official selling price for crude oil by as much as $0.40-$0.50 per barrel for Asian buyers, Reuters has reported, c...

A quiet frontier in South America is rapidly becoming one of the world’s most volatile energy flashpoints. The disputed region of Essequibo,...

Last week, the U.S. House of Representatives narrowly passed what's been dubbed the “big, beautiful bill”, with the legislation designed to...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their righ...

Sales of drilling rights in the oil sands of Alberta are on the decline, reversing an earlier boom. The trend, attributed to Trump’s tariffs...