The Department of Energy recently canceled 24 carbon capture and decarbonization project awards worth $3.7 billion.

There’s a basic ‘chicken and egg’ problem afflicting the nascent industry, in which there’s no market without demand, and no ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this ...

Additional supply disruptions from Alberta wildfires and strong seasonal demand expectations helped offset concerns over ...

Viper Energy will acquire Sitio Royalties in a $4.1 billion all-equity deal, consolidating key mineral assets in the Permian ...

BP's entire 400,000 bpd Rotterdam refinery is offline following the shutdown of both crude units, tightening European fuel ...

Despite U.S. sanctions and expiring licenses, Venezuela maintained nearly steady oil exports in May by ramping up shipments ...

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

Malaysia’s state-owned energy giant, is weighing options for its Canadian subsidiary, formerly known as Progress Energy ...

Oil prices continued their sharp rise due to escalating geopolitical tensions, stalled Iran nuclear talks, wildfire-related ...

Colombia's energy sector faces complexities as it attempts to balance maintaining oil and gas revenues, address pollution ...

Effective hedging strategies, such as using futures, options, and swaps, are crucial for stabilizing costs and managing price ...