Lukoil has signed an agreement with U.S. private equity firm Carlyle to sell its international assets subsidiary as part of a ...

Saudi Arabia may cut the price of its flagship Arab Light crude for Asian buyers again in March, potentially pushing it below ...

Severe winter storms slashed U.S. oil and gas output, forcing the world’s largest LNG exporter to import cargoes as prices spiked to record highs.

Western sanctions widened discounts on Russian crude in 2025, cutting export revenues sharply and forcing a strategic shift in where Russia’s oil is sold.

Nine countries plan 100 GW of shared offshore wind capacity to cut gas imports, even as recent U.S. winter storms exposed the ...

Oil price moves aren’t random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging ...

If paired with sanctions relief, the changes could mark a true reopening of Venezuela’s oil sector, shifting policy from ...

India is on track to import record-high volumes of crude oil and condensate in January as refiners boost non-Russian ...

Shell and BP are seeking new U.S. licenses to develop major cross-border gas fields shared by Trinidad and Tobago and ...

A January deep freeze sharply curtailed U.S. natural gas and oil production, with losses concentrated in the Permian and Gulf ...

Lukoil has agreed to sell most of its international assets to Carlyle as U.S. sanctions force the Russian oil major to unwind its overseas operations.

China’s rapid adoption of electric trucks is not only eroding oil demand but is increasingly threatening LNG’s role in ...