Oil prices rose sharply after Iran claimed it had closed the Strait of Hormuz in response to fresh U.S. military strikes.
Scientists have developed controlled “fire tornadoes” that can burn offshore oil spills up to 40% faster than conventional in ...
Crude oil production among members of OPEC has this year collapsed to a generational low, at just 16.13 million barrels daily, Reuters reported, citing a regular survey it conducts on OPEC production.
Despite the deals, Canadian LNG may never physically reach Germany due to geography, shipping economics, and the lack of ...
Oil traders are increasingly betting on lower prices, with short positions in Brent crude tripling since late March despite ...
Global oil and gas investment is expected to decline slightly in 2026 despite higher oil and gas prices. Uncertainty is ...
Solar power held a record 12.8% share of U.S. electricity in May, overtaking coal for the first full month on record, Ember ...
China's Jiangnan Shipyard unveiled a nuclear-powered floating logistics hub at Posidonia 2026, combining molten salt reactor ...
Crude oil inventories in the United States decreased by 7.2 million barrels during the week ending June 5, according to new ...
China has begun drawing from its vast crude oil inventories to reduce expensive imports and cushion the impact of the global ...
The EU's 21st sanctions package targets Russian LNG tankers even as Europe buys nearly 97% of Yamal Arctic LNG exports this ...
KKR and Energy Capital Partners are in advanced talks to buy Irish energy distributor DCC in a deal valuing it at $6.7 ...