Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.

Alberta receives over a quarter of its revenues from the oil and gas industry, with the total amount for this budget year estimated at some C$20.3 billion, or around $14 billion. That appears to be an ...

A new report co-authored by a former IEA executive accuses the agency of producing biased and "dangerously wrong" energy forecasts due to its focus on promoting the energy transition.

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

DeepSeek, a Chinese AI startup, disrupts the tech industry with its energy-efficient and cost-effective AI model, sparking ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...

The Department of Energy has concluded, perhaps somewhat surprisingly, that a boost in U.S. exports of liquefied natural gas ...

The EU is under pressure to increase defense spending, but member states are divided on how to fund it and whether to ...

Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...

Swiss Steel is reducing its workforce and experiencing a decline in revenues due to weak demand and poor economic conditions ...

Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when offshore block 58 comes online, the IMF has predicted ...

Mergers and acquisitions in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third-highest annual total ...