OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

The U.S. and allies are ramping up investments in Kurdistan and the south to counter Chinese, Russian, and Iranian ties ...

Indian Oil has recently finalized the cost for its green hydrogen plant in the Panipat Refinery & Petrochemical Complex, ...

WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable ...

President Trump is invoking emergency powers under the Defense Production Act to rapidly expand domestic production and ...

Russia’s liquid assets in the National Wealth Fund fell by nearly $6 billion in May due to declining oil revenues and lower ...

PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

Japanese utilities are stockpiling LNG ahead of summer amid weak spring power demand, boosting inventories and easing global ...

TotalEnergies is deepening its presence in Brazil’s pre-salt offshore sector by acquiring an additional 3% in the Lapa oil ...

Central Asian states have signed agreements to cooperate on managing water resources, particularly from the Bahri Tochik ...

US President Trump has announced new 50% tariffs on steel and aluminum imports, leading to debate about their true purpose ...

Declining crude oil prices are pressuring profitability in the oil and gas industry, leading to potential cuts in upstream ...