U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand.

Donald Trump wants to create a U.S. sovereign wealth fund. All experience shows this would basically be a cronyism machine.

Norwegian oil exploration and production company Aker BP , built from a series of mergers and acquisitions in the last decade ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Trump’s plan for a U.S. sovereign wealth fund could reshape the economy, but funding and political risks raise questions.

Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development which industry operators described as too high, The PUNCH reports.Data ...

A Saudi normalization deal with Israel could have profound implications for Saudi Vision 2030, positively affecting economic ...

The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over ...

ABU DHABI (Reuters) - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, ...

The Norwegian-owned ship Silver Dania was brought into the port of Tromsø, Norway, on January 31, 2025, over suspicions of cable sabotage in the Baltic Sea. Rune Stoltz Bertinussen/NTB Scanpix/AP ...

“The bizarre thing is that this country has so much oil and gas wealth it does not need to tax the rich. There are voices in Norway who believe this is not just about tax law but that the ...

From the outside, Norway can look like a haven of affluence, a country whose population of just 5.5 million is propped up by a gargantuan sovereign wealth fund worth nearly $2 trillion. Yet the ...