The first, long-awaited assay of Espo crude oil has been released, which should help Russia boost sales of the previously unknown grade that is struggling to establish itself as a new benchmark for ...

The US E&P plans to launch a three-well exploration program this year off the coast of the African nation, where it sees the potential for rich pickings.

The US is threatening renewed strikes as regional players urgently seek de-escalation, fearing the fallout from any conflict.

France-based M&P has been a successful explorer and producer in sub-Saharan Africa and could now benefit from retaining its ...

New foreign-entity limits are reshaping US clean-energy tax credits, pushing investors toward grandfathered projects, tougher ...

Hands-on nation-building in Venezuela is not the US' intent, but avoiding that path could be tricky — with the US already making budget decisions.

While viewed by many experts as a key first step, the reforms give Caracas significant discretion over fiscal rates and private sector authorizations.

Diverging spending and strategic priorities at the two Western integrated majors are shaping the Total-led Papua LNG ...

Libya has finally agreed a deal unlocking the next investment phase at Waha, while Chevron has followed Exxon in evaluating ...

As the US builds up naval and air assets in the Middle East, oil markets are on watch for potential military strikes on Iran ...

Deep conversion refineries on the US Gulf Coast are designed to run heavy crudes like those from close-by Venezuela. But running lots more might take some time.

Congress voted with strong bipartisan consensus on a 2026 energy budget that would allocate $3.1 billion for advanced reactor ...