OILPRICE

Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7, according to the U.S. Energ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that four regional...

Russia is fully complying with its oil production quota under the OPEC+ output deal in January and February, Russian Deputy Prime Minister A...

Aker BP and TotalEnergies, equity partners in Western Europe’s biggest producing oilfield, Johan Sverdrup, have asked for an independent rev...

The biggest Russian LNG developer and exporter, Novatek, saw revenues and earnings rise in 2024 from a year earlier as production increased,...

European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean industr...

OPEC has signaled it would not change its production policy despite calls from the U.S. president to bring more oil to market. “We read the...

Germany’s Deutsche ReGas, the LNG import terminal firm, has canceled a floating storage regasification unit used for a year, saying it was l...

Dutch climate activists have taken a case aiming to force supermajor Shell to significantly reduce its oil and gas output to curb emissions...

China is looking to modernize its renewable energy sector by leaving the prices of clean energy to the whims of the markets rather than bein...

Iran called on all members of the OPEC oil cartel last week to take united action against the U.S.’s ramping up of sanctions on the Islamic...

Malaysia’s state energy major Petronas needs to slash thousands of jobs to survive beyond 2035. The striking message came from the company’s...

After a year of extreme volatility, lithium prices are expected to stabilize in 2025 as a global supply glut eases. Strong electric vehicle...

The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the we...

The UK steel industry could suffer a “devastating blow” if President Donald Trump imposes new 25 per cent tariffs on all steel and aluminium...

Via Metal Miner The so-called “Trump Tariffs” imposed by U.S. President Donald Trump caused uncertainty in the global metals market earlier...

Franklin Roosevelt knew tariffs were the road to ruin. But the UK still has many opportunities to strengthen ties with trade partners like I...

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port...

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laun...

Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage where billions of barr...

The Middle East will again dominate front-page headlines in the coming days. Newly elected U.S. President Trump, as promised during his elec...

Trading Hub Europe GmbH, the German natural gas market area manager, is holding “intensive discussions” with Germany’s authorities to potent...

U.S. President Donald Trump says he believes a deal with Iran over its nuclear program can be reached as Tehran is eager to negotiate and av...

Australia-listed Energy Transition Minerals, which holds the license to mine the Kvanefjeld rare earth deposit in Greenland, hopes a new gov...

Oil prices are climbing after Trump imposed new tariffs on steel and aluminum, even if they will likely be disruptive for global economic gr...