Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...

Despite the risk of a correction, the combination of U.S. sanctions, inventory draws, and cautious OPEC+ policies supports a ...

Many of the vessels transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia ...

In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two ...