Petrobras is advancing its plans to start drilling in Brazil’s Foz de Amazonas Basin, pending final approvals and facing environmental concerns.

The United States government has extended a sanction waiver allowing Chevron to continue operating in Venezuela for an additional 60 days as negotiations with the Maduro government progress.

Crude oil prices sharply increased following reports that Israel is considering strikes on Iranian nuclear facilities, which would threaten ongoing US-Iran negotiations and potentially escalate into a ...

A convergence of crises—geopolitical shifts, energy instability, and economic stagnation—marks the end of a historical era ...

Company executives expressed confidence that their firms can and will withstand the new market downturn and continue to ...

Trump’s lifting of U.S. sanctions on Syria marks a push to bring the country back into the Western sphere of influence ...

While Russian oil exports via the Baltic dropped 10% in late 2024, and shadow fleet use fell to 65% in April, analysts argue ...

Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the current $60, in a bid to ...

Gold has surged to new record highs driven by inflation concerns and safe-haven demand, while other precious metals have ...

A significant portion of US oil and gas stocks are trading below their book value, presenting a potential opportunity for ...

China is increasing its presence in Central Asia through initiatives such as providing school meals in Kyrgyzstan, seeking to ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.