The vast majority of Iran’s roughly 1.6 million barrels a day of crude exports is bound for China, but the world’s second-largest economy has spent months shoring up its supply, cushioning itself from ...

Oil prices surged on Monday as fears mounted that the escalating Iran conflict could drag on for weeks, rattling global energy markets. Global benchmark Brent crude jumped more than 8.5%, or $6.40, to ...

I last covered Exxon Mobil Corporation (XOM) on Jan 14 with an article titled “Exxon Mobil: A Solid Hold Even If Venezuela Is Uninvestable”. The article focuses on the oil market uncertainties in ...

WASHINGTON — The Supreme Court agreed Monday to hear an attempt by energy companies to throw out a lawsuit filed in Colorado seeking to hold them accountable for the costs of climate change. The court ...

The case could have significant bearing on a range of other lawsuits brought against the fossil fuel industry by cities and states across the country. By Karen Zraick The Supreme Court announced on ...

Hungary has said it will veto a planned 90-billion-euro European Union loan package for Ukraine unless Russian crude deliveries through the Druzhba pipeline are restored, according to Foreign Minister ...

Investigation found that many of the companies in this network do not last very long.(Representational) An alleged email slip-up has blown open a $90 billion Russian oil network, revealing that dozens ...

Hungarian Prime Minister Viktor Orbán threatened to block Europe’s €90 billion ($105 billion) loan to Ukraine on Friday, until oil transit to Hungary is resumed via Russia’s Druzhba pipeline. Kyiv ...

Nearly fifty seemingly separate companies have been involved in coordinating to mask the origin of Russian oil, moving crude worth at least $90 billion, an investigation of the Financial Times has ...

A European Commission spokeswoman on February 17 confirmed that Brussels was in touch with Ukraine regarding the Druzhba pipeline that has been damaged since late January, preventing Russian oil from ...