Victor Adetimilehin

Oil prices dropped 1.5% due to declining Chinese demand and potential easing of Middle East tensions, with Brent and WTI crude ending the week lower.

Baker Hughes cuts North American spending outlook due to reduced drilling activity but raises full-year revenue forecasts, banking on robust international growth and gas equipment demand.

Mexico’s incoming President Claudia Sheinbaum is set to confront a significant challenge: fulfilling the dream of energy independence amidst declining domestic crude supply. Despite being a major crude producer, Mexico’s …

European refiners, including TotalEnergies and Neste, face significant drops in profit margins amid decreasing demand.

Democratic lawmakers introduce a bill to penalize energy companies colluding with OPEC. The bill faces challenges but underscores ongoing scrutiny of oil firms.

US oilfield firms are cutting prices and consolidating as mega-mergers reduce their customer base. Discover the industry’s struggles and strategic responses.

EDF and Italian firms agree to explore joint nuclear energy investments, aiming to build small modular reactors and enhance energy security.

Energean announces a $1.2 billion investment in Israel’s Katlan gas project, with production expected by 2027, enhancing energy security and production.

Oil prices fall to their lowest in over a month due to rising inventories and weak demand, with little impact from recent geopolitical and political developments.

Woodside Energy acquires U.S. LNG developer Tellurian for $1.2 billion, boosting its global LNG presence and advancing the Driftwood LNG project.