In the News

Russian tanker splits in storm, spilling oil into Kerch Strait as emergency crews battle rough weather to prevent further environmental damage.

Oil prices rise amid new Russia sanctions, OPEC demand cuts, and ExxonMobil’s production boost, reshaping the global market for 2024

Texas faces rising concerns over CO2 injection risks as earthquakes and blowouts prompt demands for stricter oversight and better safety measures.

Rosneft and Reliance seal a $130B, 10-year oil supply deal, reinforcing India’s status as the top importer of Russian crude

Libya’s economy is poised for growth in 2025, driven by rising oil production and critical economic reforms, says IMF.

FMF2024 report calls for $5.4 trillion in mineral investments by 2035 to meet energy transition goals and demand for critical minerals

Canadian oil producers aim for higher output in 2025, with Suncor, Cenovus, and Imperial Oil increasing production amid global demand.

Japan weighs LNG supply shift as Sakhalin-2 contracts expire, driven by clean energy goals and pressure to reduce reliance on Russian gas

Green reform in Southern Africa offers both opportunities and challenges as the region seeks sustainable development through environmental and economic reforms

Exxon aims to boost oil and gas output by 18 percent with $33 billion annual spending, focusing on low-cost, high-return energy projects.