OFS Technologies, the company created after buying out the assets of Baker Hughes in Russia in 2022, is currently working to boost its inventory of wells to lay the foundations for Russia to increase ...

Power prices in France turned negative for hours on Tuesday morning amid tepid demand in a struggling economy and increased ...

Oil prices have tumbled dramatically in recent weeks, but that price crash appears to have come to an end due to price ...

Hedge funds and other asset managers have reached unprecedented levels of bearishness on oil prices due to a global economic slowdown and concerns about OPEC+'s ability to counter the trend.

The Biden Administration has resumed replenishing the Strategic Petroleum Reserve as oil prices have fallen below the target ...

OPEC argues that taxes on gasoline are a bigger contributor to high gas prices than the price of crude oil itself.

Two refineries in China's Shandong province have declared bankruptcy due to weak fuel demand and plummeting refining margins.

South Sudan and Sudan are discussing the resumption of oil exports after months of closure due to a repaired pipeline in ...

Azerbaijan, hosting COP29, proposes a dozen climate action initiatives including a Climate Finance Action Fund and a major boost in global energy storage.

The Venezuelan opposition urges the US to revoke oil operation licenses for American companies, aiming to pressure the Maduro ...

The UK oil and gas industry has significantly reduced emissions ahead of schedule, but faces potential tax hikes that could ...

Crude oil prices have risen due to disruptions in U.S. production caused by Hurricane Francine and expectations of a Federal ...