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On Thursday, Russia announced a significant military breakthrough in the ongoing conflict with Ukraine. Russian armed forces, under the command of Chief of the General Staff Valery Gerasimov, have taken…

India stands as the world’s third-largest consumer of crude oil, trailing only the United States and China. In 2025, its consumption reached 265.7 million metric tonnes, increasing at a rate…

The Canadian oil and gas industry is confronting unprecedented financial challenges as the global shift towards clean energy accelerates. According to two new reports released by financial think tank Carbon…

Dragon Oil, in collaboration with Egypt’s General Petroleum Corporation (EGPC), has announced a major milestone with the discovery of a new well in the North-East Ramadan Concession offshore platform. This…

Waste motor oil is classified as hazardous due to its potential to contaminate soil, water, and air. In Serbia, despite clear regulations for managing this dangerous material, tens of thousands…

On Sunday, the United States Central Command (CENTCOM) publicly condemned Iran for its recent actions in the Strait of Hormuz, where Iranian forces seized a Marshall Islands-flagged oil tanker. According…

Global oil prices continued to slide on Tuesday after news emerged that a key Russian oil depot had resumed shipments. The facility, located in Russia’s Novorossiysk region, was previously targeted…

A Saudi Arabian oil tanker carrying 650,000 barrels of crude oil docked at Syria’s Baniyas port in Tartous governorate, according to Syrian state media reports on Monday. This delivery is…

US commercial crude oil inventories experienced a notable increase during the week ending December 7, according to figures released by the Energy Information Administration (EIA) on Thursday. The total inventory…

Vår Energi has confirmed the presence of hydrocarbons at its appraisal well located in production licence 229, approximately 90 kilometres from Hammerfest in the Barents Sea. The well, which was…