Victor Adetimilehin

Russia admitted to exceeding its oil production quota for April, attributing it to technical challenges. This surprise move casts doubt on Russia’s commitment to coordinated production cuts with OPEC+, a …

U.S. legislators have requested a DOJ investigation into major oil companies accused of deceiving the public about the climate impacts of fossil fuels.

The European Union wrestles with imposing new sanctions on Russia, including a potential first-ever ban on liquefied natural gas (LNG) exports. The bloc seeks to cripple the Russian economy but …

Oil prices are experiencing a downward trend due to weak demand from refineries and a rise in global crude oil supply. This trend is impacting the global oil market and …

Ukrainians will experience a temporary reprieve from power cuts this Sunday. However, the country’s war-damaged power grid relies heavily on imports, highlighting the need for responsible consumption and international support …

Russia is proposing a new route to deliver oil and gas to China alongside a planned gas pipeline, reviving a 2018 idea for a dual pipeline corridor. This move comes …

The United States is shifting its strategy for Venezuela’s oil sector, prioritizing existing investors while limiting opportunities for new entrants. This move could restrict Venezuela’s ability to boost oil production …

Oil prices rebounded on Wednesday, reversing course after earlier dipping to multi-month lows. The uptick follows positive economic data from the United States and a weaker dollar.

The oil market rollercoasters on Tuesday, buffeted by opposing forces. Concerns about potential interest rate hikes in the United States weighed on the market, while ongoing geopolitical tensions in the …

In a move that could signal a significant shift for Big Oil, Exxon Mobil faces mounting pressure from investors unhappy with the company’s handling of climate change activism. This investor …