Equinor has completed its internal investigation into a chemical exposure incident at its Mongstad refinery in Norway, ...

Crude oil prices were set for a sharp decline this week despite ongoing hostilities in the Middle East, as traders pinned their hopes on President Trump’s statements suggesting the war would end soon.

The U.S. and Iran remain locked in escalating conflict despite backchannel diplomacy, with military action intensifying ...

Gulf states may renegotiate U.S. defense arrangements, pursue strategic autonomy with diverse military suppliers and domestic ...

Goldman Sachs warned that higher crude prices could cost the U.S. labor market around 10,000 jobs per month through the rest ...

Rystad estimates energy repair and restoration costs have already reached at least $25 billion. Qatar’s Ras Laffan stands out ...

TotalEnergies reported exceeding its 2025 emissions reduction targets while expanding low-carbon power generation as part of its transition strategy.

Chinese offshore giant CNOOC reported an 11.5 percent drop in 2025 net profit as a significant decline in realized crude oil ...

President Donald Trump said Thursday that Iran allowed 10 oil tankers to transit the Strait of Hormuz, describing the move as ...

Keir Starmer has argued that legal constraints place decisions on new North Sea oil and gas projects in the hands of the energy secretary, as political pressure builds over energy security and ...

Iraq's near-total dependence on oil revenues and its inability to bypass the Strait of Hormuz has sent its economy into ...

Gasoline price spikes are driven by global oil markets, forward-looking pricing, and consumer behavior—not simply domestic ...