OILPRICE

Petrobras is beefing up its offshore game, throwing four more support vessels into the mix by 2026—bringing the grand total to 48. Brazil’s...

Oil prices fell by 1% early on Friday as tariff risks and concerns about economic slowdown outweighed sanction risks from the increased U.S....

Russia is lobbying hard for the U.S. to lift sanctions on Kremlin-linked oligarchs and energy exports, according to Vladyslav Vlasiuk, Ukrai...

Italy’s government on Friday approved a proposal to begin drafting a series of laws that would ultimately lead to Italy’s return to nuclear...

Norway’s energy major Equinor has held early talks to sell stakes in Argentinian shale operations to Argentina’s state-owned oil firm YPF, i...

Oil prices remained under pressure on Friday morning, with markets focused on the potential of new supply coming online. Friday, February 28...

Trump Cancels Venezuela Waiver, Adding to Chevron’s Headache - US President Donald Trump has now turned to restrict Venezuela’s oil industry...

The U.S. sanctions on Russia’s oil trade have led to a slump in Indian imports of Russian crude, which have plunged to a two-year low in Feb...

A massive reshuffle of tankers allows non-sanctioned vessels to pick up trade with Russian and Iranian oil, which will result in a rebound i...

Vitol Group, the commodity trading giant, is reducing its thermal coal trading business in China that it has recently acquired, sources fami...

UK’s energy secretary is reportedly scheduled to travel to China next month in a bid to forge a closer relationship with the country, despit...

Alberta’s budget for 2025 projects a deficit of some C$5.2 billion, or $3.6 billion, with spending set at C$79 billion, equal to around $55...

Crude oil prices were on course to book their first weekly loss in a month driven lower by concern about the U.S. economy, tariffs, and the...

Natural gas bulls betting on the world's largest and fastest-growing power market to drive global demand over the next couple of decades cou...

Two months from now, OPEC+ is supposed to start unwinding the oil production cuts it agreed in 2022 and aimed at keeping the price of oil pa...

Earlier this week, the media reported that the United States and Ukraine had agreed on a deal that would see the latter supply the former wi...

Every summer, drivers across the U.S. experience a familiar frustration: rising gas prices. What many don’t realize is that part of this sea...

When it comes to Eurasia, the Trump administration has acted quickly to reverse the foreign policy of its predecessor, underscored by moves...

Mexico’s state oil giant, Pemex, has reported a staggering 190.5 billion-peso ($9.1 billion) loss for Q4 2024, marking a sharp reversal from...

As U.S. President Donald Trump rolls back the former government’s renewable energy initiatives in favour of fossil fuels, environmentalists...

Via Metal Miner Mining multinational Anglo American recently agreed to sell its nickel business to a subsidiary of MMG Resources, which has...

Ukraine has agreed a deal to allow the United States access to its natural resources, a major agreement that comes amid rapid diplomatic eff...

President Donald Trump has announced that 25% tariffs on Canada and Mexico exports to the United States will go into effect on March 4, addi...

Vessel owners and oil traders are hesitant to enter long-term charter deals for oil tankers amid heightened geopolitical uncertainty since U...

Oil prices jumped early on Thursday as concerns about supply with intensified U.S. sanctions on Iran and Venezuela trumped demand woes and t...