US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...

France faces enormous economic costs from ongoing summer heatwaves and drought. These combined direct and indirect losses are estimated bet...

European shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...

A vast open-pit coal mine in As Pontes, Spain, has been transformed into a large artificial lake. Engineers filled the enormous excavation ...

Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories ou...

India has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...

US crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...

Researchers in Brazil are pioneering the use of macauba palm oil as a sustainable aviation fuel alternative. This groundbreaking project fo...

European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...

European shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded fr...

India's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...

Reliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...

Soaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...

American refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...

Europe will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...