News

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
In Venezuela's oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells -- but the valuable liquid being ...
Oil wells, refineries, pipelines and shipping lanes are the backbone of energy markets. They can be vulnerable during a crisis: Whether there is deliberate sabotage or collateral damage from military ...
Plus: Why Krispy Kreme left McDonald's, Boeing's latest woes, the potential Shell-BP merger, Bumble's stumble, Nvidia's cloud ...
The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage ...
As tensions ease between Iran and Israel, new developments could reshape global oil prices. With the potential for renewed ...
Following US raids on Iranian nuclear sites, concerns about the Strait of Hormuz’s closure have grown. Over 20% of the ...
A federal appeals court panel refused to vacate the approval of the massive Willow oil project on Alaska’s petroleum-rich North Slope though it found flaws in how the approval was reached.
Despite sanctions, Russian gas exports to Europe through the Turkstream pipeline rose more than 10% from April to May, and Russia’s oil and gas giant Gazprom posted an unexpected $8.4 billion Q1 ...
Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron (CVX) and other foreign energy ...
Venezuela’s state-run oil company, Petroleos de Venezuela (PDVSA), has reportedly signed at least nine new agreements with foreign service providers, including two Chinese companies, to maintain ...