Despite the attacks and the risk of more conflict,some companies are insisting that the oil tankers they charter take the Suez Canal route,rather than an excursion around Africa.
Traders wonder if OPEC+ will deliver enough of the cutbacks to rein in the looming surplus.
An Australian company wants to develop onshore oil and gas in Timor-Leste that may help arrest the tiny country’s alarming decline in government revenue.
While barflies can’t get enough rope.
Russia’s economy is starting to buckle as the West tightens its grip,and there’s no relief in sight. Vladimir Putin may have a decision to make.
The Saudi Arabia-led OPEC+ cartel hatched a plan to tighten its grip over the world’s oil prices. It has backfired spectacularly.
Analysts say oil and gas majors Woodside and Santos can overcome competition concerns.
For the first time in COP’s 28-year history and in the face of fierce opposition from some states,fossil fuels were explicitly named in the event’s final text.
Following massive offshore oil discoveries in the region and with elections coming,the Venezuelan president appears to have taken a leaf out of Putin’s playbook.
Advisers from law firms to investment banks are the biggest winners after Origin shareholders rejected a multi-billion-dollar takeover offer from Brookfield and EIG Partners.
The oil producers’ meeting has been postponed to next week amid reports that members of the cartel are divided on how to respond to a slump in oil prices and the conflict in Gaza.