PetroChina reported a 2.3% increase in net profit for the first quarter, standing out among Chinese state oil giants with higher earnings compared to the previous year.

BP is reducing its quarterly share buyback program by $1 billion after reporting weaker-than-expected earnings, significantly ...

Electricity is being restored across Spain and Portugal after a widespread outage caused significant disruptions on Monday.

BP (NYSE: BP) reported a first-quarter 2025 underlying replacement cost (RC) profit of $1.38 billion, missing analyst expectations, and announced a $750 million share buyback alongside progress on its ...

CNOOC Limited delivered a strong first-quarter performance in 2025, with production rising 4.8% year-on-year and net profit ...

Despite a 2021 pledge, China continues to be involved in a significant number of new coal-powered generation capacity ...

Woodside Energy has announced the final investment decision for the Louisiana LNG project, with production slated to begin in ...

Crude oil prices continued their decline today as traders focused on demand and the impact of the U.S.-China tariff war, along with potential OPEC+ output increases.

The U.S. now holds strong leverage over Saudi Arabia, as low oil prices and Saudi fiscal struggles make Riyadh increasingly ...

Lower oil prices, weaker trading results, and operational issues like maintenance and cyclone disruptions are squeezing ...

Producers are curbing spending, and drilling activity may stay muted into the second half of the year unless tariff issues ...

India and Pakistan are facing heightened tensions and the risk of conflict following a deadly attack in Kashmir, leading to ...