On Tuesday, the United States government announced fresh sanctions against Seyed Asadoollah Emamjomeh, a wealthy Iranian businessman who is deeply involved in Iran’s liquefied petroleum gas (LPG) and ...

Gas flaring released 389 million tonnes of CO? in 2024, with global flaring hitting its highest level since 2007. Weak regulations and limited enforcement continue to allow oil companies to waste gas ...

By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary ...

LONDON (Reuters) - The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on ...

The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for ...

Global oil inventories are expected to rise through 2026, putting downward pressure on prices. China’s stockpiling has helped limit price declines, even as global supply increases. US crude oil ...

In the U.S., energy policies can change dramatically with each new president, creating uncertainty for industries like oil and gas. One administration might push for more drilling and energy ...

Weatherford International gets a buy rating, agreeing with the Wall St consensus today. The profitable firm has a global diverse portfolio, recent new contract wins, and lower leverage risk than ...