Russia has powered its war in Ukraine by keeping its oil flowing. Now, after more than 3½ years of conflict, the gusher is slowly starting to peter out. The toll of the war and Western sanctions have ...

Iraq has boosted its oil exports as part of the gradual rollback of voluntary production cuts agreed under the OPEC+ alliance, the country’s state oil marketer SOMO confirmed on Sunday. According to ...

Brazil set a new production record in June 2025, lifting 4.9 million BOE/day, with crude output alone hitting 3.8 million barrels per day. Petrobras plans $111 billion in investments through 2029, ...

This is read by an automated voice. Please report any issues or inconsistencies here. Sable Offshore Corp. is now considering an “offshore floating and treatment vessel” to treat and transport crude ...

Following 25 years of what oil and gas executives categorize as hostility to the industry, the state is now making a play to keep those companies from leaving. Concerned with the exodus of oil and gas ...

Gov. Gavin Newsom (D-CA) is easing his stance on the oil industry as his state suffers high gas prices and refinery closures, while also positioning himself as a presidential candidate in 2028. Last ...

A massive fire erupted at a Chevron oil refinery outside Los Angeles on Thursday night, forcing residents to shelter in place following multiple reports of an explosion. Californians said they felt ...

Iraq resumed oil exports from its northern region after a more than two-year halt, adding supply to a global market that’s widely expected to move into a heavy surplus. Oil export operations began at ...

A total of 125 workers are to be made redundant after administrators were appointed at one of Britain's few remaining oil refineries. The losses come despite attempts to find a buyer for the business ...

Imperial to cut jobs by end-2027, relocate most Calgary roles by 2028 Layoffs part of restructuring amid global crude price slump Company to maintain only a small presence in Calgary CALGARY, Sept 29 ...

HOUSTON, Sept 22 (Reuters) - Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East. Brent crude oil futures settled ...

Group of Seven nations are closing in on an agreement to significantly increase sanctions on Russia over its continued war in Ukraine, according to a statement released after a finance ministers’ ...