The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

Alaska has been ranked the worst state for business in 2025 as its oil-dependent economy suffers from declining and volatile ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

Khazna Data Centers and Italy’s Eni have agreed to develop a 500 MW AI-focused data center campus in Lombardy, advancing ...

Russia escalates attacks on Kyiv while Houthis intensify maritime strikes, deepening global tensions and forcing cautious ...

U.S. President Donald Trump confirms weapons will continue to flow to Ukraine via NATO funding, while a major statement on ...

Russia’s NOVATEK reported a 1.8% rise in hydrocarbon production for the first half of 2025, driven by higher liquids output ...

Shell has received approval to drill up to five deepwater wells off South Africa’s west coast as majors pursue Orange Basin ...

India is positioning itself for a massive petrochemical expansion to meet rising domestic demand and reduce China’s global ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...