Read the latest news articles relating to the oil and gas industry.
A Russian oil pumping station was ablaze a week after a drone strike. The Caspian Pipeline Consortium accused Ukraine of a “terrorist” attack on it. It said oil transfer is halte... Read more
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I thi... Read more
In an announcement ahead of its Capital Markets Day 2025 event, Shell said it would bolster shareholder distributions to 40-50% of cash flow from operations, up from a 30-40% range previousl... Read more
Could alien life exist on planets nothing like Earth? Scientists think a surprising new method could unravel this mystery. Researchers from the University of California, Riverside, suggest t... Read more
President Donald Trump said countries that purchase oil and gas from Venezuela will face a 25% tariff on the trade those nations have with the U.S. Trump said the tariff will take effect Apr... Read more
NEW DELHI/SINGAPORE (Reuters) – Indian refiners will issue fewer tenders for crude oil purchases on the spot market in the coming months, company sources said on Monday, as Russian sup... Read more
Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables. Fortescue, which is the world’s fourth-largest iro... Read more
MOSCOW (Reuters) – Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of t... Read more
ISTANBUL (AP) — The imprisonment of Istanbul’s opposition mayor has come at a time when Turkey finds itself at the center of geopolitical turmoil that observers say has freed President Recep... Read more
(Reuters) -A fire at a drone-hit oil depot in southern Russia raged for a fifth day on Monday, the regional administration said, as firefighters tried to contain the blaze at the facility th... Read more
