Alongside the Kraken investment, Octopus Energy investors are injecting an additional $320 million directly into Octopus to ...

Venezuela has begun shutting in Orinoco Belt wells as U.S. enforcement actions restrict exports, overwhelm storage, and ...

Under the agreement, Frontera will receive an initial $80 million advance and commit a portion of its Colombian crude ...

Kazakhstan’s crude and condensate production has fallen by 6% in December following a Ukrainian drone attack that damaged the ...

Saudi Arabia is expected to lower the price of its crude oil for Asian customers for the third straight month in February due ...

Oil prices surged over 2% following a meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy ...

China's CNOOC Ltd has announced the discovery of the major Qinhuangdao 29-6 oilfield in the Bohai Sea, estimated to hold over ...

The distribution is highly uneven. China alone holds nearly half of the global total, followed by Brazil’s sizable deposits.

Oil prices edged lower after the EIA reported a modest build in U.S. crude inventories alongside increases in gasoline and ...

The massive volume of wastewater from hydraulic fracturing in the Permian basin is causing ground pressure issues, regulatory ...

Türkiye’s state-run energy champion Turkish Petroleum Corporation (TPAO) is on track to dramatically scale up production, ...

Iran’s Central Bank governor Mohammad Reza Farzin stepped down on Monday after protests erupted in Tehran and other cities ...