Officials from the G7 group of the world’s most industrialized nations are privately admitting that an all-out seizure of frozen Russian assets is no longer on the table, the Financial Times reported ...

Heavy crude oil prices and refining costs are climbing around the world due to the limited supply of heavy crude at the moment.

As Western nations are withdrawing or being forced out of countries in Africa, Russia is moving in and creating an Iron curtain across the continent.

A report by GlobalData reveals that Saudi Aramco is the biggest investor in artificial intelligence in the oil industry ...

The United States faces an intensifying cyberattack threat from China, particularly targeting critical infrastructure like ...

It is fair to say that oil company earnings in Q1 have been a bit uninspiring, but there have been some underlying themes that may decide what Q2 earnings will look like ...

Asian crude oil imports fell in April from March, according to estimates by LSEG Oil Research, suggesting sluggish growth in ...

The FTC is expected to approve Exxon's $60 billion acquisition of Pioneer after minor concessions, solidifying its position ...

Danish shipping giant Maersk has raised the lower end of its full-year guidance thanks to Houthi attacks that have disrupted Red Sea shipping. Maersk is now expecting Q1 profits of $208 million on $12 ...

Texas is breaking for electricity prices to surge over the summer, and it will need to embrace every energy source it can.

Egypt’s rich solar and wind resources and its geostrategic location put it in a unique position to become a large producer of ...

The Taliban is working to create a regional energy trade hub with Kazakhstan and Turkmenistan to facilitate oil sales from ...