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 ...

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.

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 ...

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.

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

The CEO of shipping giant Maersk has warned that the Red Sea disruptions that have been going on since December 2023 could last into 2025.

The UK government will allow oil and gas companies to explore offshore areas slated to house wind power installations.

Pioneer Natural Resources saw profits decline in the first quarter of the year due to lower natural gas prices as the company prepares to merge with Exxon.

Crude oil prices inched up earlier today but remained on course for yet another weekly loss after the U.S. Federal Reserve signaled once again it had no immediate plans to start cutting rates. The ...

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

A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other ...