Oil prices have spiked on the back of a lower-than-expected OPEC+ production hike, wildfires in Canada, and rising ...

The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in ...

Brazil's government is seeking to extract over $6 billion from its oil sector through tax changes and new exploration ...

Brazilian Mines and Energy Minister Alexandre Silveira met with officials from oil regulator ANP and state-run firm PPSA on ...

The energy ministry proposed measures to raise around $6.2 billion from the oil industry over the next two years to help the ...