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 ...

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

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 ...

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 ...

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 ...