U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first ...

U.S. natural gas futures dropped about 5% on Friday as higher prices in recent weeks has finally prompted producers to start ...

The global oil market is balanced thanks to the actions of OPEC+ countries and compliance with its quotas, Russian Deputy ...

Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...

U.S. energy infrastructure providers are on pace to post their best year in many, as investors hedge against volatility in the commodity markets and wager on long-term demand fueled by the rise of ...

J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close the year firmly below $70/bbl, with U.S. West Texas Intermediate at $64/bbl, the bank said in a ...

Chinese refiner Rongsheng Petrochemical has purchased a total of 2.65 million barrels of heavy crude oil from the Americas for February delivery, according to trade sources on Friday. These include ...

ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding ...

Oil prices extended gains on Friday, heading for a weekly uptick of more than 4%, as the Ukraine war intensified with Russian President Vladimir Putin warning of a global conflict. Brent crude futures ...

The COP29 climate summit presidency released a draft finance deal on Friday that would have developed nations take the lead in providing $250 billion per year by 2035 to help poorer nations - a ...

Wright says fossil fuel extraction can end poverty *Trump's DOE pick seen pursuing 'energy dominance' agenda *Wright does not view carbon emissions as pollution By Timothy Gardner and Nichola Groom WA ...

Major U.S. utilities are expected to spend heavily on upgrading their electric lines and grids over the next five years to cater to power-hungry sectors, although experts worry that their plans to ...