The EU is exploring a procedural change to bypass Hungary's veto power in renewing sanctions on Russia, aiming to maintain pressure on Moscow.

The European Union is exploring alternative legal strategies to extend sanctions against Russia amidst potential vetoes from Hungary, which could disrupt the required unanimous agreement among member ...

Oil market participants are slowly but surely realigning their forecasts with the new reality of Trump's tariff policy and its impact on demand.

The International Energy Agency (IEA) has revised down its forecast for global oil supply growth this year, citing lower output from the United States due to falling prices and rising costs, and ...

The International Energy Agency (IEA) has significantly reduced its global oil demand growth forecast for this year and next, citing escalating trade tensions and a deteriorating economic outlook.

Pakistan is considering importing U.S. crude oil for the first time to reduce its trade surplus with the United States and mitigate the impact of potential tariffs.

Russian gas giant NOVATEK reports 1% year-on-year growth in hydrocarbon production for Q1 2025, with liquids processing volumes surging nearly 60%.

TotalEnergies (NYSE: TTE) has entered a long-term agreement to supply 400,000 tons of liquefied natural gas (LNG) annually to ENADOM, a joint venture between AES Dominicana and Energas, supporting the ...

TotalEnergies anticipates a nearly 4% year-on-year increase in its first-quarter oil and gas production, reaching the high end of its guidance range.

India's crude oil import costs have fallen below $70 per barrel, reaching their lowest level since 2021, driven by a global price slump amidst trade and tariff uncertainties.

The European Union is exploring legal avenues, specifically invoking force majeure, to terminate long-term gas contracts with Gazprom without incurring substantial financial penalties, while European ...

Crude oil prices experienced a period of stabilization due to a combination of potential tariff exemptions from the U.S. and a significant surge in Chinese crude oil imports, despite OPEC's downward ...