The war has now deprived global markets of 1 billion barrels of crude oil, petroleum products and other liquids, Energy Intelligence estimates.

Although it only represents a small percentage of the UK major's global output and reserves, exiting the North Sea could be ...

Asean wants members to quickly ratify an oil-sharing petroleum agreement to bolster the region's energy security.

Five LNG tankers have passed through the Strait of Hormuz after more than two months of effective closure. Notably, all are ...

Cost inflation triggered by the war in Iran is hiking CCS capital costs, pushing some projects above current subsidy ...

Crude benchmark Brent briefly dipped below $100/bbl for the first time in two weeks before paring losses as traders weighed ...

Crude futures ended lower on Thursday, with physical crude's premium compared to futures prices sagging as the market focused ...

Shell expects big declines in second-quarter gas and LNG output due to damage to LNG trains and the Pearl GTL plant in Qatar, ...

Amid the latest US push to unify the country politically, rising corporate governance concerns risk tarnishing Libya's ...

Abu Dhabi is accelerating the expansion of its Ruwais downstream complex, including the UAE’s first integrated chemicals ...

The government aims to boost spending on the domestic economy, funded by a planned hike in oil output despite ongoing export ...

Crude futures and products prices retreated on Tuesday as the US asserted that its ceasefire with Iran has not ended despite ...