Despite President Donald Trump’s calls to "drill, baby, drill,” many oil companies operating in the Gulf will likely sit on hundreds of untapped oil leases.

The organization that co-ordinates crude oil transportation from Newfoundland and Labrador's offshore says contingency plans ...

The energy sector has lagged the S&P 500 in the past year, but the International Energy Agency anticipates oil demand growth will accelerate in 2025. In addition, investors anticipate that President ...

Energy and Mineral Resources Minister Bahlil Lahadalia pointed out an irony on Thursday: despite being an oil-producing ...

Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend.Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Enter Donald Trump. The new US president could call on Opec. He can pledge to ratchet up oil sanctions on Russia to the point where their impact becomes more acute: these would target not only ...

Nigeria's exports of Liquified Natural Gas (LNG) dropped by 20% last week, according to data from Bloomberg ship-tracking. The hit ...

As the demand for vegetable oils in India remains strong, 2024’s export record is a clear indication of the growing synergy between Argentina and India, promising an even more prosperous partnership ...

During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...