Crude has been weighed down by concerns that demand is slowing. but the focus is now shifting back to supply and geopolitical risks.

Iran’s arguments are much more right than those of Gibraltar and London who are indulging in piracy.

Head of the Atomic Energy Agency of Iran (AEOI) Ali Akbar Salehi underlined the need for the country to shift to new energy resources. and said that nuclear power plants can help reduce Iran’s dependence on oil.

Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.

Schlumberger’s Paal Kibsgaard may be leaving his job. but he’ll collect paychecks for years to come.

Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.

Iran says it restarted talks with Russia to build a 3.000-megawatt new nuclear power plant.

The Japan Arctic LNG consortium comprises Mitsui &. Co and Japan Oil. Gas and Metals National Corporation.

Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz. stoking concern crude flows from the Middle East may be disrupted.

A new report highlights a growing geographical divide between cities in the north and south with regards to going green.