Crude oil inventories in the United States saw an increase of 1.3 million barrels during the week ending May 16, according to ...

Rosneft has acquired the rights to develop the Tomtor rare earth metals deposit in Siberia, positioning Russia to challenge ...

Malaysian state oil firm Petronas is pushing to include gas-rich assets in Indonesia’s Kutai Basin as part of its upcoming ...

Global oil giants ExxonMobil, Shell, and BP have held initial talks with India’s state-owned Oil and Natural Gas Corporation ...

Global solar power generation is projected to exceed electricity from nuclear power plants for the first time this summer due ...

Turkey reports a substantial 6.1 billion barrel shale oil reserve in its southeastern region, with plans to significantly ...

CATL, a leading EV battery manufacturer, projects electric trucks to comprise 50% of China's truck sales by 2028, leading to ...

India’s crude oil imports from Russia are set to reach a 10-month high in May, driven by rising demand for ESPO crude and evolving tanker logistics amid shifting sanctions.

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

Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...

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 ...

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