The largest Chinese and Asian refiner Sinopec reported on Thursday a 36% decline in its first-half profit on the back of lower oil prices and refining margins and weakening domestic fuel demand.

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

DNO ASA has restarted oil production at its Tawke and Peshkabir fields in Kurdistan after drone attacks forced a temporary shutdown.

Asia’s near-record U.S. LNG imports in October still fall well short of the ambitious trade-deal commitments made by Japan and South Korea.

T1 Energy signed a supply pact with Corning and a major U.S. utility while advancing its $850 million Texas solar cell plant amid rising domestic demand.

Aker BP has made a major North Sea oil discovery at Omega Alfa, adding up to 134 million barrels of recoverable resources to ...

Weatherford International has expanded its Russian operations despite U.S. and EU sanctions, increasing revenues, assets, and ...

Nayara Energy has continued importing Russian oil using sanctioned tankers, despite EU restrictions, with shipments totaling 700,000 barrels.

President Trump has threatened to block new wind and solar projects, escalating restrictions on renewable energy despite soaring electricity demand and strong growth forecasts for solar capacity.

NESR reported Q2 2025 revenue of $327.4 million, up 8% sequentially, with net income jumping 46% to $15.2 million.

"The odds of a peace deal are rising, which would very likely lead to easing sanctions on Russian oil product,s moving global ...

U.S. upstream M&A jumped 331% to $206.6B, shrinking the top public E&Ps from 50 to 40. Exxon–Pioneer ($60B), Diamondback–Endeavor ($26B), and Conoco–Marathon ($22.5B) led the surge. In 2025, M&A ...