As the world moves toward clean energy, sustainability, and green technology, we often forget where it all began– the early days of the oil industry. Before today's giant refineries and global ...

The US has sanctioned Hebei Xinhai Chemical Group, a Chinese refinery, for processing Iranian oil. Three port operators in Shandong are also targeted. Treasury Secretary Scott Bessent stated the ...

and signaling his willingness to do deals that let U.S. oil-and-gas companies do business in the country. Sharaa, an Islamist formerly aligned with Islamic State in Iraq and al Qaeda, has sworn ...

MOSCOW - Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take precedence above all else, Kremlin spokesman Dmitry Peskov said on ...

The U.K. sanctioned a vital figure in Russia’s oil trade, stepping up economic pressure on Moscow to strengthen Ukraine’s hand in peace negotiations. The clandestine activities of Etibar Eyyub ...

Independent Chinese refiners have started to experience difficulties in procuring cheap Iranian crude oil while others have stopped purchases from Iran, after the United States sanctioned two ...

Gold is often considered a safe-haven asset, with investors turning to invest in gold as a store of value in an increasingly volatile world. Demand for the precious metal hit a record in 2024 and ...

2-Year U.S. Treasury Note Continuous Contract $103.355 0.035 0.03% 5-Year U.S. Treasury Note Continuous Contract $107.648 0.078 0.07% 10-Year U.S. Treasury Note Continuous Contract $110.234 0.078 ...

The oil company used its free cash flow and strong balance sheet to repurchase $1.5 billion of its shares and pay $1 billion in dividends. The company also retired $500 million of debt at maturity.

Revenues from oil and gas have plummeted over the past year in a major blow to Vladimir Putin's war machine. Russia has been gripped by an economic crisis that shows no sign of abating any time soon.

U.S. supermajor ExxonMobil plans to invest as much as $1.5 billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum ...

New data has suggested that Russian oil and gas revenue has seen a slump. Money raised decreased by more than 10% year on year between January and April 2025. The country's Financial Ministry ...