Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal ...

Harbour Energy said on Friday it had agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production ...

WTI crude fell sharply as oversupply, weak demand growth, and fading geopolitical risk combined with bearish technical ...

As the energy and resources landscape undergoes rapid transformation in 2025, driven by geopolitical shifts, strategic industrial realignments and accelerating technology change, Wood Mackenzie has ...

In his latest editorial, Forbes Senior Contributor and SHALE Magazine’s Editor-in-Chief Robert Rapier explores a pivotal shift in the global energy landscape: Russia’s declining oil and gas revenues ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. An oil tanker is moored at the Sheskharis oil and ...

The oil market started the year with a great deal of uncertainty as President Donald Trump pledged to boost U.S. crude supplies, end the Russia-Ukraine war and impose tariffs on imported goods. It’s ...

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

INEOS plans to transform the Nini oil field in the North Sea into a carbon storage site NORTH SEA, Denmark -- Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged ...

The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs. The ...

Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage ...