News

ICE Brent settled a little more than 1.6% lower yesterday, taking prices back below US$70/bbl, despite President Trump’s ...
Despite the energy transition, Saudi leaders stress oil’s continued role in a volatile global market, framing renewables not ...
An executive order President Trump issued this week created fresh uncertainties for renewable-energy investors, including private-equity firms, only days after the passage of his tax-and-spending bill ...
The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...
The veteran analyst reiterated his belief that the recent geopolitics-fueled rally in rates was the start of prolonged ...
OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with ...
NNPC plans to push for a 25% increase in Nigeria’s oil output quota by 2027, citing refinery growth and improved production.
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Saying the first six months of the year have been active when it comes to oil prices may be an understatement.
Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...