Petrobras is advancing its plans to start drilling in Brazil’s Foz de Amazonas Basin, pending final approvals and facing environmental concerns.

Company executives expressed confidence that their firms can and will withstand the new market downturn and continue to ...

Kazakhstan has once again breached its OPEC+ production quota in May, relying on Chevron-led output gains at Tengiz and ...

Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the current $60, in a bid to ...

Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...

The United States government has extended a sanction waiver allowing Chevron to continue operating in Venezuela for an additional 60 days as negotiations with the Maduro government progress.

While Russian oil exports via the Baltic dropped 10% in late 2024, and shadow fleet use fell to 65% in April, analysts argue ...

Trump’s lifting of U.S. sanctions on Syria marks a push to bring the country back into the Western sphere of influence ...

A convergence of crises—geopolitical shifts, energy instability, and economic stagnation—marks the end of a historical era ...

Gold has surged to new record highs driven by inflation concerns and safe-haven demand, while other precious metals have ...

State-owned PetroVietnam plans to increase crude oil imports from ExxonMobil, signaling a commitment to purchasing more U.S.

A significant portion of US oil and gas stocks are trading below their book value, presenting a potential opportunity for ...