Equinor and its partners are investing $396 million to develop the Isflak discovery and tie it back to the newly operational ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

Venezuela’s collapsing oil industry has become a central arena for the Trump administration’s broader strategy to reassert ...

Suncor Energy has laid out an ambitious production and capital plan for 2026, forecasting a meaningful jump in oil and gas ...

Norway’s DNO is gearing up for its most ambitious drilling campaign in the Kurdistan Region in more than two years, ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

The International Energy Agency has revised down its forecast for a record 2026 oil glut by 230,000 bpd, citing a halt in ...

A shortage of supertankers is tightening the market and causing oil tanker charter rates to surge by 467% as new vessels race ...

China is set to begin commercial operations in the first half of 2026 at the Linglong One, the world’s first commercial ...

Citi warns that rising inventories, softening demand, and persistent oversupply could push Brent crude down to an average of ...

The United States has seized a large Panama-flagged oil tanker off Venezuela in a dramatic escalation of its sanctions ...

Eastern Canada’s offshore oil sector faces a strategic crossroads as mixed frontier results, declining production, and a failed 2025 bid round pressure regulators to improve competitiveness ...