Dar Petroleum Operating Company (DPOC), the largest oil operator in South Sudan, will resume oil production on Wednesday after Sudan lifted the force majeure on the pipeline route through Sudan ...

U.S. President-elect Donald Trump has weighed in on the UK’s energy policy to hike the windfall tax on North Sea oil and gas ...

Wind power surpassed natural gas to become the largest source of electricity generation in the UK for the first time in 2024, ...

Incoming U.S. President Donald Trump is preparing an executive order to protect natural gas appliances from federal, state, and local regulations.

The US dollar's share of global foreign exchange reserves has fallen to a 30-year low as central banks diversify into gold and other currencies.

Oil markets have been focused on sanctions in the first days of 2025, with Biden tightening sanctions on China and preparing more for Russia and Iran.

China's key oil ports are banning sanctioned tankers, potentially curbing Iranian oil imports and raising costs for ...

Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...

Global crude oil exports declined in 2024 for the first time since the pandemic due to weaker demand, reshuffled trade routes ...

Suncor Energy achieved record-breaking oil production and refining in 2024 due to increased demand, high upgrader utilization rates, and the completion of the Trans Mountain Expansion Project.

Exxon Mobil has filed a lawsuit against California Attorney General Rob Bonta and environmental groups, accusing them of ...

Alberta's government is partnering with Enbridge to expand pipeline capacity and boost oil production, focusing on ...