The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to maintain their voluntary oil output cuts for another six months, boosting oil prices and tightening the global …
The global oil market has seen a significant change in the past year, as Brent crude oil, the most widely used benchmark for oil prices, has incorporated U.S. WTI Midland …
Qatar, the world’s top exporter of liquefied natural gas (LNG), has unveiled a new plan to boost its output from the massive North Field, the largest natural gas field on …
The global oil market is tightening as shipping delays and OPEC+ cuts reduce the availability of crude in Europe and Africa, boosting futures prices. Rising demand and geopolitical risks The …
The US oilfield services sector is bracing for more job losses as natural gas prices plummet to their lowest level in more than three years. According to data from the …
The US natural gas industry is facing a crisis as prices hit record lows and supply outstrips demand. Many producers are shutting down wells, cutting spending, or selling out to …
Mexico’s government has taken over a hydrogen plant at a state-owned oil refinery that was sold to French company Air Liquide in 2017, sparking a dispute over compensation and energy …
Oil prices remained steady on Monday, as the impact of rising geopolitical tensions in the Middle East was offset by signs of weakening demand in the global market. The conflict …
The Labour leader tries to reassure workers in the North Sea sector but faces criticism from the SNP. The fate of the oil and gas industry in Scotland has become …
The US oil industry saw a boom in upstream deals in 2023, with nearly $200 billion worth of mergers and acquisitions. But the refining sector was left out of the …
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