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 ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

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 ...

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

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 ...

Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

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

President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

President Biden has permanently placed off limits significant portions of the country's outer continental shelf from future ...