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

Rising political instability, including the recent assassination of a militia leader, threatens new oil blockades and ...

Canada possesses substantial energy reserves, but faces political and logistical obstacles in replacing Russia as a dominant ...

Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 ...

Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil region ...

A new report indicates the world's largest banks increased fossil fuel financing in 2024, reversing a trend of decline since ...

Suriname’s state energy company Staatsolie has signed a production-sharing contract with Paradise Oil Company, a subsidiary ...

The UK and US have reached a new trade deal that eliminates tariffs on the UK aerospace sector and reduces tariffs on car ...

The European Union has expressed strong concern over the US decision to double tariffs on steel imports, warning of potential ...

Kazakhstan has awarded contracts to both Russia's Rosatom and China's National Nuclear Corporation for the construction of ...

PetroChina’s trading arm is looking to boost the flexibility of its LNG trading portfolio with supply from North America, a ...