Libya’s National Oil Corporation may declare force majeure on exports from the Zawya oil terminal as a result of drone attacks on the facility. The Zawya terminal has a daily capacity of 120,000 ...

Oil prices rose as widening differences between Washington and Tehran reduced expectations for a near-term peace agreement and full reopening of the Strait of Hormuz.

Europe is especially vulnerable, with refinery closures, depleted inventories, and reduced access to Russian-linked fuels ...

Khamenei names IRGC veteran Mohsen Rezaei as Iran's security council secretary, replacing Zolqadr amid fallout from the ...

Blanch said only around 5 to 10 ships per day are currently passing through Hormuz, compared with roughly 140 before the war.

Kazakhstan is weighing new oil export routes through Azerbaijan and Georgia after drone strikes repeatedly shut down its ...

The disruption of the Strait of Hormuz could cause investors to place a lasting premium on resilient access to global markets ...

Dutch bank Triodos warns this summer's heat waves could erase up to 1% of EU GDP, hitting France hardest as nuclear output ...

Hungary is beginning to restore generation at the Paks nuclear plant as rising Danube water levels ease a regional power ...

India's top state refiners narrowed LPG retail losses nearly threefold in August as the country reroutes supply around the ...

Japan Petroleum Exploration Co. (JAPEX) is expanding its U.S. oil and gas footprint with a $320 million acquisition of tight ...

Serica Energy will not raise its cash offer for Pharos Energy after rival bidder Ratio Petroleum increased its proposal.