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Chevron Corporation (NYSE: CVX) booked lower-than-expected earnings for the fourth quarter as weak refining margins and sales resulted in th...

President Donald Trump on Thursday announced he will decide tonight on whether to impose sweeping 25% tariffs on Canada and Mexico related t...

Orsted, the world’s biggest offshore wind project developer, is replacing Mads Nipper as chief executive, effective Saturday, amid a fundame...

Oil prices have fallen for the second consecutive week, but a major bullish catalyst may be looming in early February.Oil prices are set to...

Can Trump Refill the US Strategic Oil Stocks? - The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum R...

President Trump’s threat of tariffs on Canadian imports could leave the United States reliant on crude oil from Venezuela, with which the U....

Petronas aims to increase Malaysia’s oil and gas production to 2 million barrels of oil equivalent per day (boepd) over the next three years...

Japan could be open to discussing backing a $44-billion gas pipeline and LNG export project in Alaska to avoid President Trump’s tariffs, Re...

President Donald Trump may exclude crude oil from the tariff shock he is preparing to deliver to Canada and Mexico this Sunday. The tariffs...

Baker Hughes reported better-than-expected financial results for the fourth quarter of 2024 on the back of a stronger natural gas technology...

Crude oil prices looked set for their second consecutive weekly decline since the start of the year despite staging a partial recovery in an...

In October last year, China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s firs...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in th...

Engine No. 1, the investment firm that four years ago picked a fight with U.S. oil and gas supermajor Exxon over climate – and won – is now...

Over the past decade, countries and private enterprises around the world have made ambitious goals and pledges to expand the production and...

An overnight attack by Ukrainian drones on Russia's Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of U...

Shell paid out more than £18.7bn to shareholders in 2024 while cutting spending on renewable energy according to its full year results. The...

Uzbekistan is launching a green energy offensive in 2025 that aims to boost the share of renewable energy usage in the country from 16 perce...

Brazilian President Luiz Inacio Lula da Silva has approved government non-interference in monetary policy and the pricing strategy of state-...

The competition watchdog has launched a probe into a £2.1bn deal to takeover Electricity North West by the owner of ScottishPower. The Compe...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle Eastern crude and...

Against the backdrop of the war in Ukraine, the Baltic Sea has been the scene of a string of incidents involving damage to key energy and co...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production rose by 7.6%, Rus...

The biggest and most influential Middle Eastern oil producers in OPEC are making headlines for a rather surprising reason—their giant renewa...

Global investments in green energy solutions topped $2 trillion last year, for the first time ever, but the world needs to pour in $5.6 tril...