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For more stories from The Media Line go to themedialine.org The company attributed the decline to weaker oil prices, higher ...

BP plans to eliminate $2 billion in costs by 2026. Reversing a prior position on renewables, the oil & gas company will cut ...

Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP ...

West Texas Intermediate (WTI), futures on NYMEX, falls sharply to near $67.50 in Wednesday’s European session. The Oil price ...

Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the ...

Back in 2020, British oil giant BP was positioning itself to be a leader in the energy transition, touting plans to eliminate ...

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices ...

The UAE's non-oil private sector growth in activity held steady in February driven by strong demand and output, a survey ...

The debate around subsidies should include all energy sectors, including renewable energy, to ensure a fair and balanced ...

BELGRADE - The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by ...

In late December Peru’s government declared a 90-day “environmental emergency” after the national oil company spilled a crude oil shipment into the waters surrounding its flagship refinery on the ...