Kaja Kallas urges the EU to lower the Russian oil price cap, arguing it will further diminish Kremlin revenues and strengthen ...

US refiners are increasingly importing heavy crude oil from South America, particularly the rare Bretaña grade from Peru, to ...

BP forecasts that weaker realized refining margins will dent the Q4 earnings by up to $300 million. Refinery turnaround ...

Ahead of the imminent start of Trump’s second term as president, Beijing has been adding to its existing base of assets in ...

Greek Prime Minister Kyriakos Mitsotakis urges the EU to swiftly address soaring energy prices to enhance competitiveness and protect households.

Oil prices were down slightly on Tuesday morning but remained elevated on the back of U.S. sanctions on Russia which caused prices to spike on Monday. - The US Department of Treasury implemented its ...

Diamondback Energy reported lower oil prices in the fourth quarter while experiencing a significant increase in natural gas ...

Smith suggested that an oil embargo could blow up in Canada’s face, given that cutting off pipeline supplies through Michigan could choke off key supply to Ontario and Quebec.

Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a ...

US sanctions on the Russian energy industry are expected to reduce oil supply and keep prices elevated, despite some analysts ...

The escalating cost of maintaining aging infrastructure is causing widespread problems, as exemplified by America's elevator ...

UK trade growth is projected to slow significantly due to Brexit, changing relations with China, and the threat of US tariffs ...