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Norway is postponing its next round of new oil and gas exploration licences by a further three years as part of a domestic political deal...

Crude oil futures Tuesday were slightly higher, having given up earlier gains after prices rebounded...

Crude oil futures recovered much of the ground lost at the start of the week, bouncing off 11-month lows as the...

The OPEC+ oil producer group is likely to take further measures to stem a price decline and try to balance the market...

Ryanair's CEO called on the EU to introduce an environmental tax on long-haul flights while announcing it....

Japan's largest buyer of LNG, JERA, expects Freeport LNG's production at the fire-hit Texas plant to partially resume in mid-December and...

QatarEnergy has signed two contracts with US major ConocoPhillips to supply Germany with 2 mtpa LNG for at least 15 years starting in 2026...

Around 25% of Hungary's fuel stations are short of fuel after the nation's biggest supplier MOL...

The front two low sulfur gasoil futures contracts flipped into contango for the first time in over...

The Italian government is ready to nationalise Lukoil's ISAB refinery in Sicily...

Polish energy group Orlen reported a 26% jump in throughput in the third quarter...

The 0.5% marine fuel east-west spread hit a fresh four-month high on Tuesday, with cargo prices in Singapore...

International passenger numbers for major airlines in the Asia-Pacific region grew on the month but remained stagnant...

Dubai crude prices staged a strong rebound Tuesday with Middle East producers expected...

Union workers at BP's 400,000-bpd Rotterdam refinery are keeping the Fluid Catalytic Cracking...

December exports of US crude WTI are likely to fall because of record high freight rates and weather-related disruptions to export operations...

Brent crude futures staged a late surge Monday to move into positive territory on reports OPEC+ may consider a further output cut, reversing earlier losses...

Brazil's crude output continued to creep higher through October and hit a fresh record...

Brent crude oil and oil product markets tumbled by the Monday European close as China reported a fifth...

Adnoc has confirmed plans to accelerate its oil production capacity to 5 million bpd by 2027...