OILPRICE

Vessel transits through the Red Sea and the Bab el-Mandeb Strait have remained relatively stable at subdued levels since the Iran-backed Hou...

U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minist...

BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks...

Indian Oil Corporation is in discussions to agree on a long-term supply deal with U.S. Cheniere Energy, in what could be one of many new LNG...

Refiners on the Gulf Coast are shunning crude oil cargos from Mexico that feature an excessively high water content that makes the feedstock...

China is preparing for the listing of its first overseas sovereign green bond, which will take place in London as the frontrunner in the ene...

Australia’s government plans to introduce tax breaks for businesses active in the production of green hydrogen and critical mineral miners a...

The Indian government is considering extra energy imports from the United States, days before Prime Minister Narendra Modi's visit to the co...

It is nearly two years since the Federal Government of Iraq (FGI) blocked oil exports from the semi-autonomous Kurdistan Region of Iraq (KRI...

European companies are trying to prepare for the fallout from President Donald Trump’s tariffs-first approach to trade policy as he finally...

The United States has imposed sanctions on a network of people and firms accused of facilitating the sale of millions of barrels of Iranian...

Whether or not you share the zeal for cuts in government spending embraced by President Donald Trump and his billionaire sidekick Elon Musk,...

The Middle East and North Africa (MENA) region has long been at the center of the global energy universe, with national oil companies (NOCs)...

BP shares jumped to the top of the FTSE 100 this morning as a rumour emerged that an activist hedge fund had taken a position in the stock....

It’s hard to believe it was ever a controversial take, but a little over two years ago, I argued that Tesla’s market share was poised to dec...

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ supply agreement...

Transdniestria, a breakaway pro-Russian region of Ukraine's neighbour Moldova, has agreed on a deal with a Hungarian company to buy natural...

Amid cold winter weather and fast-depleting inventories, Europe’s natural gas prices jumped on Monday to a two-year high to levels of over $...

The pushback on the net zero ambitions of many countries has become increasingly evident since the energy crisis of 2022. The surge in energ...

India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on Monday, as the world’s third...

Estonia, Latvia, and Lithuania, the three Baltic States that were former Soviet Union republics, on Sunday definitively unplugged their elec...

The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, could reach full operational capacity next month, says the...

GAIL India, the biggest natural gas distributor in the country, is reviving plans to procure U.S. LNG supply in the long term by either buyi...

The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive the Islamic Repub...

The Greater Tortue Ahmeyim (GTA) liquefied natural gas project offshore Mauritania and Senegal has achieved first LNG and the first cargo is...