Oil prices rise on US-Iran diplomacy and trade war lull, boosting energy ETFs. Companies like ExxonMobil and Chevron benefit. OPEC lowers demand forecast.

Wing Resources VIII is being formed with a $100 million equity commitment from NGP Royalty Partners to acquire mineral and royalty interests ...

The focus of the programme is to explore viable natural gas reserves in the Otway Basin, with COPA and 3D Energi key players ...

OPEC+ oil production reached an eight-month high in March, with several members, notably Kazakhstan, Iraq, and the UAE, ...

Shell has brought on stream additional deepwater oil production in the Appomattox area of the US Gulf through a new subsea ...

The Kikeh project, which is located on Block K off the coast of Sabah, East Malaysia, is a flagship deepwater project that ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

March 28 (UPI) --Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an all-stock transaction valued at $33 billion plus $12 ...

GLOUCESTER, Va.—Americans have long equated energy security with oil. The country wanted as much as possible because of the havoc an interruption to supply—from wars, disasters and political ...

Meta Platforms is investing heavily in the artificial intelligence industry. The social media giant boasts more than 3 billion daily active users. Despite a run-up in the shares, the stock still ...

and the group was barred from going within 500 meters of a Shell platform in the North Sea. In 2020, the Norwegian Supreme Court ruled against Greenpeace's attempt to block new oil exploration in ...

Discover the leaders of digital finance as we explore the exchanges reshaping our financial landscape and revolutionising the way millions trade assets Cryptocurrency trading platforms have evolved ...