Pakistan has awarded 23 offshore oil exploration blocks to consortiums including local and Turkish energy companies, aiming ...

A new Wood Mackenzie report warns that global oil demand will continue to rise until at least 2032, with fossil fuels ...

US crude oil inventories saw a significant build in the last week of October, while gasoline and distillate inventories ...

Economists and politicians often assume continuous growth, ignoring the possibility of decline, which can lead to unrealistic ...

The surge in AI and digital infrastructure is making data centers the fastest-growing source of new electricity demand in ...

HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil ...

Libya's National Oil Corporation announced a new onshore oil discovery in the Ghadames basin, with foreign energy firms ...

Uzbekistan is exploring a new multimodal trade route to Pakistan via Afghanistan to secure seaport access and expand export ...

OPEC+’s efforts to calm fears of a 2026 oil glut failed to move crude prices, which remain flat near $65 per barrel amid ...

OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant ...

The West is reasserting its influence in Iraq through major oil and gas investments led by U.S., European, and UAE firms, ...

The United States is intensifying military and diplomatic pressure on Venezuela’s Nicolás Maduro, testing Moscow’s ability to ...