Cuba faces a worsening energy crisis marked by daily blackouts, outdated infrastructure, fuel shortages, and increasing reliance on foreign aid and investment to modernize its grid.

The United States has intensified its pressure on Venezuela, including military deployments and a bounty for President Maduro's arrest, raising fears of an invasion after sanctions failed to achieve ...

Strathcona Resources, a previously rejected bidder for MEG Energy, intends to purchase more shares and vote against Cenovus ...

Oil prices are headed towards a second straight weekly gain of 1%, with ICE Brent hovering slightly above $68 per barrel, as ...

Despite vast oil wealth, Iraq faces chronic blackouts due to political turmoil, corruption, and dependence on Iranian gas, ...

Chevron's deal is part of a broader Western return that includes TotalEnergies’ $27B and BP’s $25B deals, with ExxonMobil ...

Major banks are backtracking on net zero and ESG policies, influenced by political changes, internal challenges, and a push for cost efficiency.

A 25-year oil development deal between the Taliban and China's CAPEIC in Afghanistan has collapsed due to mutual accusations of contract breaches.

The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual released on Friday ...

The closure also lands as Phillips 66 wrestles with other headaches. Earlier this month, a California court hit the refiner ...

Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the ...

U.S. crude oil production hit a new record in June at 13.58 million barrels per day, according to the Energy Information ...