Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
Despite the risk of a correction, the combination of U.S. sanctions, inventory draws, and cautious OPEC+ policies supports a ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
U.S. states and territories are taking legal action against the government and oil companies over climate change impacts, ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...