Venezuela may soon become a market-moving force in the oil markets, with a buildup of U.S. military forces in the Caribbean Sea appearing to elevate the prospect of a strike on the Latin American ...

By Victoria Schneider Four years after suspending operations at a liquefied natural gas project in Mozambique’s Afungi ...

In a recent case before the Singapore Court of Appeal, the court affirmed the High Court of Singapore’s finding of a breach of the fair hearing ...

The force majeure on Mozambique's LNG project has ended, enabling construction to resume. Indian firms hold a 30% stake in this $21 billion project. Improved security in Cabo Delgado Province allows ...

Oslo-listed Vantage Drilling cancelled a contract to drill next year, which two industry sources told Reuters on Wednesday ...

"According to the German government, both the REPowerEU directive and the 19th sanctions package mean that SEFE must stop purchasing LNG under the old Yamal contract and may invoke force majeure," the ...

Crude oil futures gained for a third straight session on signals that US sanctions are starting to have an impact on Russian ...

Marathon Oil brought the case against its customer, Mercuria Energy America, over a $17.4 million invoice for damages.

The gains come as Reuters reported that U.S. sanctions led Russian oil company Lukoil to declare a force majeure at its oil field in Iraq, which produces about 480,000 b/d. The move shows the impact ...

Assume today's price spike doesn't last, and crude prices continue to trade in their "bandwidth." At $112.7 billion in market ...

Germany’s Economy Ministry said SEFE — the former Gazprom PJSC unit nationalized by the German government after the invasion ...

Oil prices rose on Tuesday due to the impact of the latest U.S. sanctions on Russian oil, although oversupply concerns ...