News

Mexico’s state oil company Pemex (Petróleos Mexicanos) reported a net profit of MXN 60 billion ($3.5 billion USD) in the ...
Vitol paid a record $10.6 billion in share buybacks last year as it outperformed its rivals during a historic boom in energy ...
Ranger Energy Services posted strong Q2 2025 earnings, driven by improved margins and the debut of its new hybrid e-rig, ECHO ...
The energy sector is dragging down the S&P 500’s Q2 earnings, with a projected -24% YoY profit drop due to lower oil prices.
Europe faces a critical decision between securing its liquefied natural gas supply from Qatar and adhering to strict net-zero ...
Venture Global has officially reached a final investment decision and financial close for Phase 1 of its CP2 LNG project and ...
Saudi Aramco has approved a $5 billion expansion of its Zuluf oilfield to boost production capacity by over 600,000 barrels ...
A dangerous shortage of electrical transformers—worsened by policy, demand, and customization—leaves the U.S. power grid ...
Talks between Iran and the European Troika (France, Germany, UK) over the weekend, initiated under U.S. guidance, aimed to ...
U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in ...
Oil prices steadied Tuesday following a sharp rally driven by U.S. pressure on Russia, a historic U.S.–EU energy agreement, and looming OPEC+ decisions.
New EU sanctions banning diesel refined from Russian crude in third countries are set to reshape global trade flows, strain ...