JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday ...

Gas reserves in Europe’s underground gas storage (UGS) facilities have dropped by approximately 36%—marking the sharpest decline in more than three years. This depletion comes amid high gas ...

Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based group’s commercial vessel attacks in the Red Sea. However, a deteriorating ...