Oil prices edged lower in early Asian trade on Friday morning after the United States issued a temporary license allowing countries to purchase Russian crude and petroleum products currently stranded ...

Totalenergies has resumed output at the long-shuttered Libyan field following construction of new production facilities.

Surging WTI oil prices due to the Middle East war could turn Alberta’s projected $10B deficit into a surplus, boosting royalties for Canada as a major oil exporter.

Surging oil prices linked to the Iran conflict are expected to squeeze U.S. airline profits, especially since many carriers reduced fuel hedging and are now highly exposed to jet fuel price spikes.

Reopening Groningen or expanding North Sea drilling will produce gas or oil locally, but prices are set by global markets, so consumers won’t see major relief.

Governments are responding by pursuing energy security and self-sufficiency, accelerating nuclear, coal, and renewable energy while trying to reduce reliance on imported fossil fuels ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned Thursday that it could ignite a wider energy crisis across the Middle East if Iran’s own oil and gas infrastructure comes under attack.

The U.S. Department of Energy is launching a $1.9 billion funding effort aimed at rapidly expanding the capacity of the ...

Venezuela's Lake Maracaibo, once the center of a booming oil industry, is now severely polluted and facing irreversible ...

Germany-based utility RWE is focusing nearly $19 billion of its global investment through 2031 on U.S. gas-fired power generation, betting on flexible capacity to meet soaring electricity demand ...

The Trump administration is weighing a rare suspension of the century-old Jones Act, an extraordinary step that Washington has historically taken only during major national emergencies such as hurrica ...

Abu Dhabi invested heavily in infrastructure such as the Habshan–Fujairah Pipeline, allowing crude exports to bypass the Strait of Hormuz and continue flowing even during geopolitical disruptions.