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Refilling the SPR with Venezuelan crude could prove difficult, as Venezuela’s heavy oil may not be suitable for infrastructure designed primaril…
Recent research in Australia and Canada suggests vast geological formations could continuously generate hydrogen, raising hopes for large-scale…
Saudi Arabia wants to displace more than 1 million bpd of domestic liquid-fuel consumption, primarily through natural gas and renewables by 2030.
U.S. shale producers are increasingly using advanced chemical surfactants to release more oil from tight rock and boost recovery from existing w…
The Iran war added an estimated $330 billion to global oil, fuel and LNG import bills between March and August, with crude accounting for nearly…
Oil prices are heading for a weekly decline despite restricted Hormuz shipping, stalled U.S.-Iran diplomacy and Washington’s escalating economic…
Cyprus’s untapped reserves offer a lifeline to Egypt’s ailing gas sector as domestic production continues to decline.
Dangote plans a $17 billion, 700,000-bpd refinery in Kenya’s Lamu, potentially making the country a major refined-fuel hub for East Africa.
Another tanker attack in the Strait of Hormuz highlights persistent shipping risks even as Iran and Oman discuss restoring navigation through th…
Qatar has lost an estimated $24 billion in gas sales after the Iran war slashed its LNG exports by 96%.
Indian refiners and other energy companies are avoiding Iran-blacklisted tankers as Tehran’s new shipping restrictions add fresh risks to Gulf o…
Siemens Energy is preparing to separate its industrial energy solutions business as it sharpens its focus on power generation and grids.
Oil prices fell as Iran and Oman advanced talks on a temporary Hormuz shipping corridor, though analysts warned that normal oil flows remain dis…
Equinor is betting that its newly acquired stake in Namibia’s PEL 90 could yield a major oil discovery in the prolific Orange Basin.
Aramco is expanding its French partnerships across drilling equipment, industrial technology, and supply chain development.
ExxonMobil is among several bidders pursuing all or part of Shell’s U.S. chemicals business in a potential deal valued at up to $8 billion.
Equinor and Uniper have signed a 15-year agreement under which the Norwegian energy major will supply more than 30 TWh of natural gas annually t…
Norway says it will continue developing Barents Sea oil and gas regardless of EU opposition to new Arctic hydrocarbon projects.