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OPEC received updated compensation plans for oil production from seven OPEC+ countries, the Organization said on its website. Compensations until July 2026 will total 4.203 mln barrels per day. Plans ...

Belgium, Luxembourg and the Netherlands have committed to exporting clean fuels to countries in the Global South with the aim ...

Key customers such as Japan and South Korea have signed agreements to export their carbon emissions to Malaysia Indonesia ...

Brent crude futures, a benchmark for sweet grade, have fallen to a discount against Dubai swaps, a benchmark for Middle ...

U.S. oil production was little changed at 13.57 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub declined by 1 million barrels to ...

Oil futures were off slightly Wednesday, seeing some modest pressure a day after Russian President Vladimir Putin rejected a full cease-fire in the country's invasion of Ukraine but agreed to a mutual ...

Trader and shipowner Vitol has boosted its West African business by taking stakes in oil and gas fields in Ivory Coast and ...

Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and ...

Oil’s recent descent has prompted Goldman Sachs analysts to lower their price target for the year, in part due to ...

According to the Gas Exporting Countries Forum report, in February 2025, gas demand in the EU increased by 21% year-on-year reaching 38 bln cubic meters ...

Regarding Bangladesh’s LDC graduation, Touhid says the decision had been made long ago and businesses should have prepared accordingly rather than seeking extensions ...