Saudia Arabia, Russia and their allies are likely to stick to their policy of modest oil output increases when they meet Thursday after the EU banned...
Only time will tell how much record US prices at the pump will dent driving demand this summer, but don’t expect a significant increase in gasoline...
Cash-strapped Sri Lanka took delivery Saturday of Russian oil — which could soon be subject to a European embargo — to restart operations at the country’s...
Argentina on Tuesday announced an easing of foreign exchange controls for the shale oil and gas industry in a bid to promote investment and boost production....
Oil giant Shell was on Tuesday forced to temporarily suspend its annual general meeting because of disruption from climate change activists. Proceedings at the venue in...
EU foreign ministers pressed Hungary on Monday to drop resistance to a proposed oil embargo to punish Russia for its invasion of Ukraine, as Budapest put...
The G7 club of wealthy nations committed Sunday to phasing out its dependency on Russian oil and issued a scathing statement accusing President Vladimir Putin of...
British energy giant Shell on Thursday logged soaring first-quarter net profit as surging oil prices offset a sizeable charge linked to its Russia exit. Profit after...
OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions in China. Russia’s...
The European Union’s executive unveiled Wednesday plans for a gradual ban on Russian oil imports as part of a raft of new sanctions to punish Moscow...