KUWAIT: Oil prices fell in 2024, weighed down by concerns over the robustness of global oil demand growth amid weak economic activity in China especially and burgeoning non-OPEC+ supply led by output ...

US giant Marathon Oil pledging investments and technology to raise output from Mumbai High oil and gas fields, companies such ...

Growth in oil production from the Permian Basin is expected to slow by at least 25% in 2025 despite President Trump's pledge to boost U.S. output, energy executives said this week at the Argus Global ...

Looking ahead, commodity market participants are likely to see continued volatility as they assess the potential impact of ...

President Trump declared a national energy emergency as soon as he took office. The declaration had the goal of facilitating ...

Slowing U.S. oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp.

The National Board of Revenue (NBR) is set to impose a fresh 25 percent regulatory duty on the export of crude and refined ...

Governments at all levels are now facing pressure to ensure they keep up the momentum and not squander an opportunity to ...

The marine environment might recover after each oil spill incident, but too many of such events would compromise its ability ...