Cenovus Energy will acquire MEG Energy in a $5.7 billion cash-and-stock deal, consolidating oil sands assets and creating a 720,000 bpd producer.

Electric bills are surging across much of the U.S. due to AI-driven demand, LNG exports, extreme weather, aging ...

Ukraine has struck the Druzhba pipeline’s Unecha pumping station for the second time in a week, halting Russian crude ...

Private Chinese firm CCRC is investing $1 billion to boost Venezuelan oil output to 60,000 bpd by 2026, filling a gap left by ...

Brent crude prices are expected to stay near $70 this summer before easing toward $60 later in the year as supply rises and demand wanes, according to UBS.

Exxaro Resources (JSE: EXX) posts higher H1 revenue, dividend, and advances coal, manganese, and renewables growth.

The U.S. has sanctioned a Greek shipping entrepreneur, his fleet, and two Chinese oil terminals in a bid to disrupt Iran’s crude exports and weaken its shadow fleet.

Sinopec has discovered over 100 billion cubic meters of shale gas in central-southwestern China, boosting the nation’s drive for energy security despite geological challenges.

Since President Trump took office, nearly $19 billion in U.S. wind and solar projects have been canceled as subsidies and ...

ORLEN’s regional infrastructure buildout continues with the expansion of the Szczecin LPG terminal, now capable of handling ...

Oil prices rose this week as Ukraine peace prospects dimmed, U.S. sanctions loomed, and India weighed discounted Russian crude despite tariff threats.

Light crude oil futures rose 2.48% this week to $63.52 as collapsing peace talks, bullish U.S. inventory data, and tariff ...