European diesel prices are surging due to heightened fears of disruption in the Strait of Hormuz, a critical shipping lane ...

Russia is reviving its controversial privatization strategy to raise funds amid war spending and sanctions, but critics warn ...

Mitsubishi Corp. is reportedly in talks to acquire Aethon Energy’s shale and pipeline assets for up to $8 billion, enriching ...

China’s rare earth magnet exports plunged to their lowest in over four years after new export restrictions, triggering supply ...

Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

MEG Energy has rejected a $4.4 billion takeover offer from Strathcona Resources and is now exploring alternative merger ...

Israel’s offensive against Iran is exposing Tehran’s strategic weakness, while the U.S. remains paralyzed, caught between ...

Mozambique is ready to lift force majeure on TotalEnergies’ $20 billion LNG project as security improves and investigations ...

Brent crude could rise sharply amid Middle East conflict, with forecasts ranging from $78 to $120 depending on the scale of ...

Crude oil prices have extended gains for a third consecutive week due to escalating conflict in the Middle East and increased ...

Major oil and gas companies are confident that global oil demand will plateau rather than sharply decline, leading them to ...

Republican-led states and lawmakers are challenging former President Trump's plans to eliminate climate subsidies due to ...