Officials from both governments agreed to move forward with the group. But the future of decision-making and cost burden is ...

Iran-Israel conflict drives Brent crude to 5-month highs as traders price in rising OPEC route risks and potential U.S. military involvement.

WASHINGTON (Reuters) -A U.S. Senate panel proposed making the tax credit for capturing carbon emissions for recovering oil equal to the $85/metric ton tax credit for permanently burying those ...

ExxonMobil is intensifying exploration efforts in Guyana’s prolific Stabroek Block, with the drilling of two new wells — Hamlet-1 and Lukanani-2 ...

A Major Copper Crunch Is Looming By Felicity Bradstock - Jun 07, 2025, 12:00 PM CDT ...

US crude oil production in the week ending May 30 rose +0.1% w/w at 13.408 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

Production of oil in Iraq was 21,000 barrels daily above the target. Russia, the UAE and Saudi Arabia produced 14,000, 32,000, and 17,000 barrels per day below the target respectively in April.

“We’re also incrementally increasing our capacity in the United States, but the real step function is the German capacity," Tom Laliberty, the head of land and air-defence systems, said.

Transportation Report Detailed news and information about oil and gas pipeline operations, construction, and regulation, LNG, and waterborne transport. (Last Wednesday of the Month) ...

The OPEC Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed ...

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AK&M 18 June 2025 15:31 Transneft North JSC has completed work on dragging dukes at two underwater crossings of the main oil pipeline Ukhta – Yaroslavl is across the Ukhta River in the Komi Republic ...