The global oil industry is at a crossroads, shaped by the competing forces of geopolitical ambition, market dynamics, and the accelerating transition to renewable energy. Two key players-Donald ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.

The dissolution of the Soviet Union greatly affected this decades-old gas business. Russian gas now had to transit an ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Good afternoon and happy Monday, readers! In today’s Daily on Energy, we examine how President Donald Trump’s imposed tariffs ...

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

Alexander Novak emphasized that full commitment to the OPEC+ deal should be maintained in the current situation ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Russia, Iraq and Kazakhstan are on the list of countries that produced more than agreed on within the OPEC+ deal in certain periods in 2024 ...

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump ...

LONDON (Reuters) - OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, ...

By Ben Aris in Berlin As its parting shot, the Biden administration imposed thetoughest sanctions yet on Russian oil. The ...