Latest Oil & Gas stories from Energy.
The UAE has announced its exit from OPEC and OPEC+, reflecting ongoing tensions regarding production quotas within the organization. This decision may influence global oil markets.
South Korea has seen a notable rise in applications for its oil aid program, reaching 73% of the expected total, indicating growing support for local oil industries.
WildEarth Guardians express worries about the environmental effects of a large tar sands oil pipeline and advocate for increased public participation in the review process.
The recent approval of a significant oil pipeline in Wyoming by Trump is poised to impact the local economy while raising environmental concerns.
A company in Fort Worth is developing a novel method to extract lithium from oil field wastewater, which may have significant implications for the energy industry.
As oil prices continue to rise, policymakers are advising the Federal Reserve to reconsider any plans for rate cuts, highlighting potential economic risks.
The recent surge in crude oil prices has come to a halt as investors begin to take profits following new proposals from Iran, leading to a noticeable market shift.
The UAE's recent exit from OPEC is poised to alter the dynamics of the oil market. Analysts suggest potential investment opportunities in light of these changes.
Goldman Sachs has revised its oil price outlook, raising questions about the next steps for energy investors in light of these changes.
Chevron's stock has experienced an uptick as its earnings are positively influenced by the recent surge in oil prices, attributed to the ongoing conflict in Iran.
As geopolitical tensions rise, investors are advised to prepare for potential volatility in the oil market. Analysts suggest significant price fluctuations ahead.
As of May 1, 2026, the latest updates on oil prices have been reported by Fortune, reflecting ongoing trends in the energy market.
Despite calls from the Trump administration for increased oil production to address rising petrol prices, Exxon and Chevron are adhering to their prewar strategies.
Despite a strategic pivot towards Western alliances, Syria remains reliant on Russian oil imports, highlighting the complexities of its energy needs.
Despite many markets being closed for May Day, Asian shares are experiencing gains, while oil prices remain stable at $111 per barrel.
Woodside is reportedly having difficulty finding buyers for its U.S. LNG due to the adverse effects of crude oil price changes.
In a recent move, Indian Oil has raised prices for liquefied petroleum gas (LPG) and jet fuel, reflecting ongoing trends in crude oil pricing.
In a move aimed at enhancing energy infrastructure and job creation, former President Trump signed an order on April 30, 2026, to partially revive the Keystone XL pipeline.
As oil prices soar above $120 a barrel, the market responds to escalating tensions in Iran, raising concerns about future stability and potential price hikes.
A U.S. delegation is in Caracas to assess potential economic opportunities in Venezuela's oil and mining sectors, reflecting growing interest from American companies.