Western sanctions on Russia and Iran are creating record volumes of oil kept in floating storage, preventing a supply glut ...

A new Wood Mackenzie report warns that global oil demand will continue to rise until at least 2032, with fossil fuels ...

Take Shell Plc, one of the world's largest liquefied natural gas suppliers. It is investing billions into new LNG supply on ...

US crude oil inventories saw a significant build in the last week of October, while gasoline and distillate inventories ...

Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the OPEC+ ...

Nigeria remains Africa’s largest crude oil producer, leading the continent with an impressive 1.549 million barrels per day. Despite challenges such as oil theft and infrastructure issues, the nation ...

Built from parts made in a scattered network of workshops, Ukraine's domestically-produced drones now fly much further than at any point in the war.View on euronews ...

Oil production in the U.S. surged over the last two years, reaching an output of over 13 million barrels of crude per day in ...