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Ukraine said it was behind a drone strike that sparked a huge inferno at an oil depot in western Russia on Friday, the latest...
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Ukraine said it was behind a drone strike that sparked a huge inferno at an oil depot in western Russia on Friday, the latest...
British oil giant BP on Wednesday named veteran employee Murray Auchincloss as chief executive officer following a period as interim boss in the wake...
British energy major Shell on Tuesday announced the sale of its Nigeria onshore division SPDC for up to $2.4 billion, having already flagged its...
Iran’s navy seized a ship off Oman to retaliate for the “theft” of its oil from the same tanker last year by the United...
Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag...
US energy company APA Corporation has agreed to buy competitor Callon Petroleum in a transaction valued around $4.5 billion including debt, the firms announced...
Angola’s departure from OPEC exposes the tensions with the oil cartel as it seeks to cut output to maintain prices just as the United...
Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil cartel’s decision last month to further slash...
Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and...
Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up prices, the IEA said...