Analysts predict that oil prices will be capped in 2025 due to increased OPEC+ production, weaker demand growth from U.S.

Norway's $1.8 trillion oil fund is investing $1.5 billion to acquire a 49% stake in RWE's Nordseecluster and Thor offshore ...

The U.S. Treasury has revoked licenses allowing French oil firm Maurel & Prom and Italian firm Eni to operate in Venezuela ...

The North Sea Transition Taskforce, backed by the British Chambers of Commerce, is urgently calling for the UK government to ...

President Trump has threatened Iran with bombings and sanctions if they fail to reach a new nuclear deal, following Iran's ...

CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

President Trump has threatened to impose secondary tariffs on Russian oil exports if a ceasefire agreement with Ukraine is ...

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as ...

China is rapidly expanding its electric vehicle market dominance into Azerbaijan, driven by favorable policies and strategic ...

Steel billionaire Lakshmi Mittal plans to leave the UK due to government changes in non-domicile tax rules, potentially ...

Despite significant growth in its renewable energy sector, India faces substantial challenges in decarbonizing its power grid ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures.