U.S. oilfield services provider Weatherford is resuming operations in Libya after a ten-year absence, signaling increased ...

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.

Duke Energy reported first-quarter 2025 earnings that surpassed analyst expectations, driven by higher rates and increased ...

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...

German utility Uniper has started receiving proceeds from its damage claims against Russia's Gazprom, as reflected in its ...

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent ...

China's reduced demand, driven by record domestic coal production and weaker coal-fired power generation, is causing a ...

The House Natural Resources Committee is advancing legislation to significantly increase oil and gas drilling on federal ...

Oil prices have rebounded, driven by increased demand, despite ongoing concerns about OPEC+ policies, US tariffs, and ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...