In the complex world of international trade and geopolitics, one of the most significant and contentious issues has been the impact of tariffs on various industries. For Canada, a nation that relies heavily on trade with the United States, U.S. President Donald Trump’s threatened…..

The United Kingdom is embarking on a significant shift in its energy landscape, with the government announcing plans to overhaul its windfall tax regime on oil and gas producers. Set to take effect once the current levies expire in 2030, the proposed changes……

Kazakhstan, one of the largest oil producers in Central Asia, has recently achieved a remarkable milestone in its oil industry. In February 2025, the country’s crude oil and…..

In a significant shift within the global oil and gas industry, Shell has officially completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium that includes four Nigerian exploration and production……

The global oil market has long been a subject of intense scrutiny and speculation, with fluctuations in supply and demand driving prices, geopolitical tension, and economic decisions. The latest forecast from the International….

The global energy market is facing a period of heightened volatility, with attention increasingly focused on the spare oil production capacity of OPEC and its de facto leader, Saudi Arabia……

Colombian President Gustavo Petro has called for the state-controlled oil company, Ecopetrol, to divest its fracking operations in the United States and redirect the proceeds into clean energy initiatives…..

The International Energy Agency (IEA) has issued a stark warning about the future of global oil markets, predicting a significant surplus of more than 1 million barrels per day by 2025. This forecast, outlined in the agency’s latest report….

Ecopetrol, Colombia's state-owned oil company, has recently renewed its joint venture with Occidental Petroleum in the U.S. Permian Basin, a significant development in the energy sector. This partnership, initially…..

British oil giant BP is preparing to make a significant investment of up to $25 billion in the redevelopment of Iraq’s Kirkuk oil and gas fields. This initiative, which is still pending final….

Citgo Petroleum, once a cornerstone of Venezuela's international oil presence, is poised for a significant transition as it faces a court-ordered auction in the United States. This development arises from a complex interplay of legal disputes, economic…..