The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on ...

Canada would likely impose its own tariffs on U.S. goods if they're levied here, meaning consumers on both sides of the border could feel pain.

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the semiautonomous northern region is ...

STANDING on a diverse pillar of growth, Guyana is building an economy that could withstand global shocks, according to President, Dr Irfaan Ali.

The East Baghdad field, one of the important oil fields in Iraq, recently had a discovery that increased its reserves to 15 billion barrels.

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

As Namibia progresses towards becoming a regional energy hub, it is crucial to ensure that local industries and communities benefit from the development of world-class hydrocarbons discoveries being ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...