Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector and a potential increase to US interest rates could spark a recession that would sap fuel demand.
After years of uncertainty, ConocoPhillips’ Willow project has finally got the green light in Alaska.
Discussions around Sri Lanka’s energy crisis may have died down since reports of a major financial crisis in the Asian country circulated last summer, but Sri Lanka is still a long way from economic recovery.
The total number of total active drilling rigs in the United States rose by 8 this week, with gas-directed rigs making all the gains, according to new data from Baker Hughes published on Friday.
“We know that the transition will not be a straight line. Different countries and industries will move at different speeds, and oil and gas will play a vital role in meeting global energy demands through that journey.
Taiwan is buying more LNG for delivery over the next year as it closed a nuclear reactor and is set to phase out nuclear power generation by 2025.
China exported 4.54 million tons of diesel in the first two months of the year, up 10 times from last year’s export rate, which stood at 420,000 tons, government data cited by Bloomberg showed.
TEHRAN (Tasnim) – An adviser to the CEO of Iran’s New Towns Development Company for Legal, Real Estate and Investment Affairs on Saturday announced the signing of a joint memorandum of understanding (MoU) with Ghana in the field of construction of new industrial towns and cities.
A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long hidden secrets of a crumbling social license.
A couple of times over the last few weeks, I have pointed out here that crude was looking for a direction.