India's state-owned oil company ONGC has selected BP as the technical services provider to enhance production at Mumbai High, ...

The state of Alaska is suing the Biden Administration, claiming that its decision to restrict acreage in an upcoming Arctic ...

Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...

China's fuel oil imports are expected to slow down after the government increased import tariffs, putting further pressure on the already strained margins of independent refiners.

Exxon expects lower-than-expected fourth-quarter profits due to weaker refining margins and a $600 million impairment.

President-elect Donald Trump declared his intentions to overturn outgoing President Joe Biden’s ban on offshore oil and gas ...

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's profitability and raising concerns about the future of the luxury EV market.

Moldova provides energy aid to Transdniester as the breakaway region faces a gas cutoff amid a dispute between Russia and ...

Hess CEO John Hess shared his perspective on the oil market, suggesting it is closer to being balanced rather than ...

The UK’s aging power grid is facing mounting challenges as wind power becomes a dominant force in the nation’s energy mix ...

Shell expects lower profits in the fourth quarter of 2024 due to seasonality, timing issues, and a $1.3 billion charge, impacting LNG production, trading, and renewables.

Trump is considering using military or economic pressure to acquire Greenland and the Panama Canal, emphasizing their strategic importance to U.S. security and economy.