Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm. By Nataliya Vasilyeva Reporting from Istanbul When a 28-year-old volunteer named ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its supremacy is waning China and the rest of the world remain thirsty for oil. That ...

"We're going to put tariffs on oil and gas," Trump told reporters in the White House's Oval Office. "That'll happen fairly soon, I think around the ... causes chaos in aid world 10:55 AM UTC ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Google says it will rename the Gulf of Mexico on its U.S. maps, and Mexico is pushing back. This wouldn't be the first body ...

A victory for Putin means, in due time, a re-charting of the entire map of Europe, to suit his vision of a Russian empire ...

The authorities could allow the country’s currency, the peso, to weaken against the dollar, effectively making its exports ...

London — Sixteen environmental activists who were jailed for actions including stopping traffic, blocking an oil facility and ... future generations around the world will thank them for their ...

and catapulted the impoverished South America country firmly onto the global oil map. OilPrice points out that the offshore Guyana-Suriname Basin is being called the world’s most exciting oil ...

They make up about 31-32% of the world energy mix. In 2024 alone, the oil and gas sector brought in around $3.58 trillion in revenue. Oil companies make up around 3.8% of the global economy.

adding that levies on oil and gas could come around mid-February. Mr Trump has pledged to impose 25 per cent tariffs on Canada and Mexico - and a 10 per cent rate on China - on Feb 1, pointing to ...

“By year-end, we will increase production to around 400 thousand barrels per day, which makes us one of the world's fastest-growing oil and gas companies”, Rød added. The strategic alliance ...