RIG's Transocean Barents rig sets sail for the Neptun Deep project in the Black Sea, marking a key step in Romania's largest offshore gas development.

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

ADNOC is considering an initial public offering (IPO) of its newly-created energy investment firm, XRG, on a stock market ...

Global markets have been whipsawed by fluctuating trade policy in the U.S., the world's biggest oil consumer. On Thursday Trump suspended the 25% tariffs he had imposed on most goods from Canada ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco.

WTI is set to drop 4.8 per cent, also its biggest weekly fall since that week. Markets, including oil, have been whipsawed by the fluctuating trade policy in the US, the world’s biggest oil ...