News

Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roubles ($6.29 billion), its lowest since January 2023, finance ministry data showed on Thursday, amid weak oil prices ...
Activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico contracted slightly in the second quarter of 2025, the Dallas Fed survey showed on Wednesday, as firms grappled with a ...
Oil flows on Russia's Transneft pipeline fell last year and continue to slide in 2025. Due to the falling oil flows, Transneft doesn’t expect its revenue to grow at the same pace as in the past ...
The Kern County Board of Supervisors voted unanimously this week to approve a revised oil and gas rezoning ordinance that could allow for nearly 2,700 new oil wells to be permitted each year.
Despite Iranian missile strikes and airspace closures, oil prices plunged as traders dismissed the risk of serious supply disruption.
Oil prices have now reversed gains from June 12, a day before Israel struck Iran.
Iran approves closure of Strait of Hormuz, a vital oil and gas route After the U.S. dropped bunker-buster bombs on three Iran nuclear sites, the country responded by approving the closure of a ...
The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas, including whether the widening conflict could result in higher energy prices for Americans.
Governments and U.S. states committed to climate action now need to persuade the oil industry to protect the world from climate chaos.
Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.
WASHINGTON — The Supreme Court on Friday joined President Trump and congressional Republicans in siding with the oil and gas industry in its challenge to California’s drive for electric vehicles.
Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the risk any significant disruption to global energy markets. Gasoline ...