Last updated: 2026-01-30 01:06:36 ET
Cuba was previously importing about 35,000 barrels of oil a day from long-time ally Venezuela.
Hundreds of miles from Denmark's coast a project is underway to inject CO2 into an old oil field.
Oil is picking up gains as President Trump hardened his tone against Iran.
Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they p...
The change could pave the way for more foreign investment in the country's oil industry.
US government shutdown looms, oil prices surge on Trump's Iran threats
Oil prices rallied Thursday by nearly 5%, with the global benchmark touching its highest level since July as tensions between the U.S. and Iran worsen...
Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire protesters.
The Reserve Bank maintained its main repo rate at 6.75% as it weighed steady inflation, low oil prices and a stronger rand against global geopolitical...
The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.
