Oil prices bounced back on Wednesday morning after the EIA confirmed a very significant draw in crude inventories ...

Norway’s state-owned utility Statkraft announces plans to slash annual costs and warns of potential staff layoffs amid ...

Oil prices surge due to geopolitical tensions, benefiting Shell and BP stocks, which play a significant role in stabilizing ...

The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, is preparing to ship its first gasoline cargo outside of the African region to Asia, marking a significant expansion of ...

Iran has significantly increased its daily oil exports following an Israeli attack, attempting to ship out as much crude as ...

Woodside Energy and Petronas have signed a preliminary agreement for a 15-year LNG supply deal, with the Australian firm set ...

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Tokyo Gas confirms its LNG supply remains unaffected by the current Israel-Iran conflict as it does not import from Middle ...

China’s electric vehicle subsidy program faces challenges as funds dry up in multiple provinces due to fraudulent activity, despite record EV sales in the country.

TotalEnergies anticipates the resumption of the Mozambique LNG project, a major $20 billion African investment, this summer following delays due to insurgency and environmental concerns.

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

Despite heightened tensions between Israel and Iran and resulting market speculation, oil supply from the Middle East remains ...