The Latest Breaking News from Oil

Menorah lighting, car parades and drone shows are planned

The pandemic was an economic boon for the nation’s tech centers last year, but the tide already has turned as consumers’ demand for remote work software, delivered food and streaming entertainment subsides.

Christopher Begley, from Coatbridge, was rushed to hospital after he was hurt at the Al Shaheen oil field.

Environmental campaigners said the announcement sends a 'strong signal to fossil fuel giants and governments'

Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022.

Japan has reported its trade deficit surged to over 2 trillion yen ($15 billion) in November as higher costs for oil and a weak yen combined to push imports higher

Two people died and two others were injured after a massive fire and explosion at an oil refinery in Russia’s Angarsk in southeastern Siberia, the local governor Igor Kobzev said on Thursday. Kobzev said the fire, initially covering an area of 2,500 square meters belonging to Angarsk Petrochemical Company, was…

Nearly a decade since inheriting Venezuela's leadership, President Nicolás Maduro is working to regain the international recognition he lost when his 2018 re-election was deemed a sham by many

Achieving “carbon neutrality” is the crucial step along the road to “net zero” which includes the removal from Earth’s atmosphere of all “greenhouse gases”, including methane, nitrous oxide and other hydrofluorocarbons. Indispensable to creating sustainable environments, the health of the planet and the survival of the human race depend on…

Russian Deputy Prime Minister Alexander Novak met on Wednesday with Venezuela's oil minister in Caracas, where they discussed oil market volatility and the status of Venezuela's outstanding debts to Russia.

Energy Minister Megan Woods has announced a pause on all remaining oil and gas exploration until after the election.