Billionaire oil tycoon Eugene Shvidler on Tuesday lost his appeal against British sanctions imposed on him over Moscow’s invasion of

A leading U.S. refining trade group has criticized the Trump administration’s biofuel policies in a letter to top Republican lawmakers,

Russia’s offline primary oil refining capacity has been revised up by 6.3% in July from the previous plan to 4.1

Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China

Following a few years of increasing offshore rig activity, in 2024 the market began experiencing a dip in demand. This

Asian countries are offering to buy more US liquefied natural gas (LNG) in negotiations with the Trump administration as a

The EU’s decision to ban imports of oil derived from Russian crude — refined in countries such as Turkey and

New European Union sanctions targeting Russia’s oil industry will reshuffle global diesel flows for the second time since 2022, adding

Venezuela’s state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to Biden-era

The Portuguese government plans to invest up to 400 million euros ($466 million) to improve grid management and boost battery