New CEO Meg O'Neill reckons a simplified organizational model will create a more valuable BP with a renewed focus on oil and ...

The US$16.4 billion deal for Arc Resources is expected to address mounting concerns about Shell's reserves runway, while ...

The US Department of the Interior on Monday reached an agreement with Engie-backed Ocean Winds to give up its rights to two ...

Representatives from more than 50 countries are gathering this week in Colombia to devise road maps for phasing out fossil ...

Crude prices trended higher on Monday as oil market analysts factored in a longer-than-expected near-closure of the Strait of ...

Qatar-dependent Pakistan and Bangladesh pursue spot LNG tenders amid the Middle East crisis, while Japan says its LNG ...

While blacklisted Rosneft and Lukoil have disappeared from the list of suppliers to Turkey, various new players have stepped ...

The United Arab Emirates is accelerating efforts to localize production of essential goods as regional conflict continues to ...

Hengli is the biggest target so far in Washington’s campaign to cut Iran’s oil sales and disrupt its revenues.

The EU, in its 20th sanctions package on Russian energy, unveiled earlier this week, shied away from imposing a maritime ...

China’s apparent oil demand for March fell to 16.33 million barrels per day, marking a significant monthly decline of 871,000 ...

Sources confirm that Russia is planning to halt Kazakh shipments to Germany via the Druzhba pipeline’s northern leg.