The closure of the Strait of Hormuz has presented the world with one of the most critical oil supply disruptions in modern history and has driven prices sharply upward....
Abu Dhabi National Oil Company is planning to invest tens of billions of dollars to build a natural gas business in the United States, the Financial Times reported on...
Profits at China’s industrial firms grew at their fastest pace in six months in March, even as the Middle East war upended global oil markets and sent raw material...
Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources in a $16.4-billion deal that will add roughly 370,000...
Chinese Hengli Petrochemical saw its shares drop sharply by 10% today following the United States’ imposition of sanctions on the company, alleging it bought crude oil from Iran despite U.S. sanctions...
Gold edged higher on Monday, supported by a softer dollar as a report of a new proposal by Iran to end the war with the US raised hopes of...
Oil prices have climbed higher amid stalled peace talks between the United States and Iran. Brent crude rose more than 2 percent on Sunday after hopes for a second...
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and will accelerate a shift toward renewables, nuclear power and electrification at...
The agreement, announced on Thursday, April 23, 2026, grants Marginal Energy exploration and production rights across five offshore blocks, G-145, G-146, G-147, G-160 and G-161, covering approximately 6,800 square...
Crude oil prices extended their gaining streak to five days today, with Brent crude trading at $106.30 per barrel at the time of writing and West Texas Intermediate at $96.68 per barrel. The...