Big Oil's trading profits are under scrutiny as wild oil price swings, largely driven by geopolitical events, present a challenging environment for capturing upsides.

Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...

Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...

Lucid Group has announced a new collaboration with critical mineral producers to accelerate the development and procurement ...

The EU's recent 18th sanctions package against Russia has begun to disrupt fuel exports from Indian refiner Nayara Energy, a ...

The upcoming EU-China summit in Beijing is set to be dominated by growing tensions over China’s support for Russia, a ...

President Trump announced a major trade deal with Japan and hinted at an upcoming joint venture for LNG in Alaska, though ...

TotalEnergies and CMA CGM Group have launched a joint venture to provide LNG bunkering supply services at the port of ...

Equinor reported lower Q2 core earnings due to weaker oil prices but maintained shareholder payouts amid rising gas ...

ConocoPhillips is reportedly in advanced talks to sell $1.3 billion worth of Anadarko shale assets in Oklahoma to Stone Ridge Energy as part of a broader post-merger portfolio overhaul.

Exploding electricity demand from AI-driven data centers pushed PJM’s capacity auction prices to a new record, raising future consumer power costs.

Exxon is in confidential talks with Trinidad and Tobago to explore up to seven offshore oil blocks, expanding its Caribbean ...