India's crude oil import costs have fallen below $70 per barrel, reaching their lowest level since 2021, driven by a global price slump amidst trade and tariff uncertainties.

The European Union is exploring legal avenues, specifically invoking force majeure, to terminate long-term gas contracts with Gazprom without incurring substantial financial penalties, while European ...

Crude oil prices experienced a period of stabilization due to a combination of potential tariff exemptions from the U.S. and a significant surge in Chinese crude oil imports, despite OPEC's downward ...

Brazil is proceeding with an oil drilling rights auction in the Amazon region, despite significant environmental and indigenous opposition, creating a major conflict between economic ambitions and ...

High-level negotiations between U.S. and Iranian officials in Muscat focused on a new nuclear deal. The deal includes several ...

Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter ...

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish ...

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

Based on Moscow’s new energy plan, Russian crude oil production and exports are set to remain flat until 2050, and output is projected to settle at around 540 million metric tons by the end of this de ...

A recent survey indicates that small and medium-sized enterprises (SMEs) are deprioritizing net-zero practices due to rising ...

The World Bank faces accusations of failing to properly assess environmental and socio-economic impacts of the Rogun Dam project in Tajikistan, leading to a formal complaint and calls for an ...

Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in a month, according to ...