Oil-rich Guyana is spending so heavily and quickly on diversifying its economy that it’s on the cusp of becoming a “Norway on steroids,” according to President Irfaan Ali.

Bloomberg, citing sources, has reported that Greece and Malta have become the main obstacle to the EU's proposal to replace ...

Russia’s oil producers reduced the pace of drilling in 2025 to the lowest level in three years, dimming the outlook for output growth this year as Western sanctions and a strong ruble undercut revenue ...

A repayment on 25% of principal is due in October — a large cash sum for a company that Moody’s Ratings recently described as having a “constrained” liquidity position. Macroeconomic headwinds and a ...

Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest buyer of seaborne barrels.

The Russian government’s oil revenues collapsed to the lowest in more than five years in January as weaker global prices, steeper discounts for the nation’s barrels, and a stronger currency took a ...

Cuba’s blackout problem has worsened in the month since the US cut off oil shipments to the island. Its grid was fragile even before a critical transmission line failure in early December temporarily ...