Mammoet achieved a significant milestone by completing the weighing, transport, and loadout of 24 PAU and PAR modules for a leading gas development project. This also included a process gas cooling ...

NEW YORK, Jan 13 (Reuters) - Lower oil prices are expected to cut U.S. drilling activity and reduce output by 1% this year from the top producing country, while potentially higher supply from ...

Brent projected to average $61.27 per barrel in 2026 WTI to average $58.15 per barrel in 2026 Poll was conducted before US-strikes on Venezuela and OPEC meeting For table of crude price forecasts, ...

Shale drillers have turned the biggest oil field in the U.S. into a pressure cooker that is literally bursting at the seams. Producers in the Permian Basin of West Texas and New Mexico extract roughly ...

Effective pressure on Maduro requires US leadership with Latin American allies, regional energy investment, and humanitarian engagement—not confrontation alone. Moscow has promised “full support” ...

China accused the United States at the United Nations on Tuesday of violating international law and destabilising the Caribbean region, as Washington defended its seizure of Venezuelan oil tankers and ...

The oil market is under pressure this year as OPEC+ members have rapidly ramped up production after years of output cuts. Investors are also pricing in lower geopolitical risk on a possible peace ...

Russian crude prices are at their lowest since the war in Ukraine began, as sanctions deepen the discounts the nation’s oil industry needs to offer and benchmark futures tumble. On average, Russian ...

A hoard of Venezuelan crude on tankers at sea will provide a cushion for Chinese refiners — the biggest buyers — should the US escalate hostilities against the OPEC producer and disrupt exports. The ...

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President Donald Trump said Wednesday that U.S. officials have seized a “very large” oil tanker off the coast of Venezuela, a major escalation of the administration’s months of efforts to punish the ...

Russian President Vladimir Putin praised Prime Minister Narendra Modi’s unwavering and straightforward stance on India's Russian oil purchases despite the extraordinary tariffs imposed by the United ...