Guyana has strengthened military cooperation with France to safeguard the oil-rich Essequibo region, escalating tensions with Venezuela just as the United States expands maritime strikes on vessels ...
The EBRD forecasts Central Asia’s GDP to grow 6.1% in 2025, with Kyrgyzstan leading at 9%. Strong domestic demand, rising wages, and remittance inflows are powering growth across the region. The bank ...
Gold prices were surging above $4,000 per ounce on Tuesday for the first time ever, as escalating political tension in the United States and renewed fears over global financial stability drove investo ...
BW Energy Limited is pushing ahead with an ambitious plan to triple its oil production to 90,000 barrels per day within three years, driven by a mix of organic growth, exploration success, and ...
On Tuesday, Australia said it expects gold to become the country’s second most valuable resource after iron ore this financial year, eclipsing liquefied natural gas (LNG), which has struggled due to ...
Cenovus Energy has raised its takeover bid for MEG Energy to $6.2 billion, with MEG’s board recommending the sweetened offer over a rival bid from Strathcona Resources.
Crude oil inventories in the United States increased by 3.7 million barrels during the week ending October 3, after gaining 1.8 million barrels in the week prior, according to new data from the U.S.
Russia has increased its oil production to near its OPEC+ quota, even as Ukrainian drone attacks impact its energy infrastructure and lead to export bans.
A fire at Chevron’s El Segundo refinery has tightened California’s fuel supply and is expected to drive gasoline prices higher amid already low inventories and limited import flexibility.
European countries are curtailing record amounts of wind power generation due to insufficient grid infrastructure and lack of demand, highlighting an urgent need for upgrades and expansion.
Oil prices rose early Wednesday due to falling crude stocks at the Cushing hub and eased oversupply fears from OPEC+'s planned modest output increase.
The U.S. Department of Energy is considering cancelling billions in previously awarded funding for EV and carbon management projects, threatening major initiatives by GM, Stellantis, and Occidental.