Saudi Arabia may cut the price of its flagship Arab Light crude for Asian buyers again in March, potentially pushing it below ...

Lukoil has signed an agreement with U.S. private equity firm Carlyle to sell its international assets subsidiary as part of a ...

Severe winter storms slashed U.S. oil and gas output, forcing the world’s largest LNG exporter to import cargoes as prices spiked to record highs.

Oil price moves aren’t random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging ...

Nine countries plan 100 GW of shared offshore wind capacity to cut gas imports, even as recent U.S. winter storms exposed the ...

If paired with sanctions relief, the changes could mark a true reopening of Venezuela’s oil sector, shifting policy from ...

Western sanctions widened discounts on Russian crude in 2025, cutting export revenues sharply and forcing a strategic shift in where Russia’s oil is sold.

Shell and BP are seeking new U.S. licenses to develop major cross-border gas fields shared by Trinidad and Tobago and ...

A January deep freeze sharply curtailed U.S. natural gas and oil production, with losses concentrated in the Permian and Gulf ...

India is on track to import record-high volumes of crude oil and condensate in January as refiners boost non-Russian ...

Kuwait is opening a $7 billion pipeline project to foreign investors, marking a shift away from fully state-funded oil ...

Global energy technology firm SLB has secured two five-year contracts from Petroleum Development Oman (PDO), strengthening ...