The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Alaska has been ranked the worst state for business in 2025 as its oil-dependent economy suffers from declining and volatile ...

The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...