Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.

The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes. Image by ...

Attention is now shifting to Kharg Island, following an Axios report that the Trump administration has discussed seizing the ...

Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Donald Trump called $100 oil a 'small price to pay'.

In a market comment sent to Rigzone on Monday morning, Aaron Hill, Chief Market Analyst at FP Markets, noted that, as of early trading this morning, both WTI and Brent “are up a whopping 14 percent ...

Bahrain's main energy company, which operates the island nation's only oil refinery, declared force majeure on operations ...

Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past ...

Iberdrola SA has completed an agreement to buy Victoria state's 242-megawatt (MW) Ararat Wind Farm from OPTrust and Partners Group. Ararat, operational since 2017, becomes the Spanish power and gas ...

In a BMI report sent to Rigzone by the Fitch Group on Friday morning, analysts at BMI, a Fitch Solutions company, revealed that they expect “significant yet short lived rallies in oil and gas prices, ...

Major oil storage sites in Saudi Arabia are filling rapidly as the key export route through the Strait of Hormuz effectively ...

Japanese oil refiners are asking the government to release crude from the nation's strategic petroleum reserves as the Middle ...

With initial estimated reserves of over 400 million barrels, Bay du Nord "represents a generational opportunity for Canada’s ...