Light crude oil futures rose 2.48% this week to $63.52 as collapsing peace talks, bullish U.S. inventory data, and tariff ...

WoodMac sees early development of Pimienta & Eagle Ford, with potential ~250 kb/d liquids + 500 mmcfd gas by the early 2030s.

Global crude oil exports continue to hold strong and above the latest ten-year seasonal average. Demand, however, is also ...

Moscow proposed a “special mechanism” to keep oil flowing to India despite Trump’s threatened extra 25% tariff on Indian ...

After talks in Moscow, Lavrov said both sides aim to pursue joint oil & gas projects in Russia’s Far East and Arctic.

Iranian President Masoud Pezeshkian and Belarusian President Alexander Lukashenko signed 12 cooperation agreements during ...

Eastern Libya is close to approving a 2019 pact letting Turkey explore in Libyan waters. The EU objects to the Libya–Turkey ...

Libya’s National Oil Corporation (NOC) said on August 19 that it produced over 1.38 million barrels of crude in the prior 24 ...

General Burhan’s restructuring of Sudan’s army strengthens Saudi Arabia’s hand in the conflict while leaving the UAE facing ...

Israel’s Gaza City offensive is straining Gulf states’ tolerance, forcing Saudi Arabia and the UAE to signal limits on ...

Aker BP has made a major North Sea oil discovery at Omega Alfa, adding up to 134 million barrels of recoverable resources to ...

The United States and the European Union have finalized a trade framework that commits Europe to up to $750 billion in U.S.