Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring ...

Despite ambitious targets, less than a tenth of planned green hydrogen projects were implemented in 2023. High production costs, lack of offtake agreements, and insufficient policy support are ...

Uzbekistan is rapidly expanding its renewable energy infrastructure and aiming to significantly reduce greenhouse gas emissions by 2030.

Shell's 2024 financial results reveal a prioritization of shareholder returns through increased dividends and share buybacks, while investments in renewable energy and overall capital spending decline ...

The Competition and Markets Authority (CMA) is investigating Iberdrola's £2.1bn takeover of Electricity North West, raising ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Multiple undersea cables and pipelines in the Baltic Sea have been damaged in recent months, raising suspicions of sabotage.

By expanding renewables domestically, these petrostates are freeing up more of their oil and gas for export instead of burning it for power ...