The International Energy Agency forecast this month that global oil capacity in 2030 may exceed demand, which could lead to a bearish trend for oil prices. Opec has not specified …
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. …
As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the …
The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its battle to fight off Russian invaders, and Ukraine has now used them twice, a …
Drones sent by Ukraine struck two Rosneft-owned oil depots in Russia’s Smolensk region in an overnight attack on Wednesday. Russian regional officials said that fires had broken out at the …
Iran’s attack on Israel last Saturday has heated up oil prices and kept markets on edge, a development that bodes ill for Asian businesses that depend on energy supplies and …
Persistent and severe drought conditions across Western Canada could have a devastating effect on the oil and natural gas sector, which has drilling operations in some of the driest areas, …
New York: When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle …
With Brent Crude edging below $80 per barrel, the Narendra Modi government may look to give Indian consumers a much-needed respite and cut fuel prices ahead of the general elections …
CEO pay in the oil and gas sector has soared with the industry’s post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion …