TotalEnergies operates Lapa with a 48 percent stake. Shell PLC holds 27 percent. A joint venture owned 60 percent by Spain's ...

The IEA has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles, including the largest ...

The U.S. Energy Information Administration increased its Brent spot price forecast for 2026 and 2027 in its latest short term ...

The average regular gasoline price in the U.S. is $3.598 per gallon as of March 12, according to the AAA Fuel Prices website.

The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE ...

In its latest State of Energy report, which was released last week, the Texas Independent Producers and Royalty Owners ...

Equinor discovered more oil, gas and condensate on Norway's side of the North Sea, with plans to extract the resources via ...

Threats to the energy structure in the Middle East have kept oil prices bid', Aaron Hill, Chief Market Analyst at FP Markets, said.

Oil drillers in central California have resorted to the costly and cumbersome alternative of trucking crude barrels 50 miles.

ADNOC cut the volume of crude for its onshore partners by about a fifth for this month, although the flows will still go to a port outside the all-but-shuttered Strait of Hormuz.

The U.S. Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.

The analysts noted that storage capacity on Kharg Island is estimated at roughly 30 million barrels, and stated that, ...