President Donald Trump said on Monday that OPEC had not pressed him to consider asking US producers to reduce their output as a way to support oil …

Coronavirus: Why is the petrol price nearing £1 a litre?
The cost of petrol in the UK is approaching £1 a litre for the first time since 2016.
Some filling stations around the country have even been reported offering petrol at less than £1.
But motorists may be hard-pressed to find low deals as prices …

MOSCOW (Reuters) – Russia on Tuesday confirmed its participation in the OPEC+ meeting of leading oil producers set for April 9, a spokeswoman for energy ministry told Reuters.
The conference, due to be held via a video link as a precautionary measure against the coronavirus, had been initially …

SINGAPORE (Reuters) – Royal Dutch Shell said on Tuesday its Australian unit and joint venture partners had decided to delay a final investment decision (FID) on the Crux gas project in offshore Australia that was initially planned for 2020.
The Crux project is one of several globally that have been …

“Thank you for being on the front lines,” BP (NYSE:BP) says on its website, offering a discount of $0.50 off per gallon to first responders and …

Railroad Commissioner Christi Craddick, one of three officials elected to regulate the Texas oil & gas industry, is asking state officials to extend …

A major rollout of green hydrogen technologies could offset up to one third of global greenhouse gas emissions produced by fossil fuels and industry …

TOKYO (Reuters) – Oil rose on Tuesday amid hope that the world’s biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, even as analysts warn a global recession may be deeper than expected and big production cuts will be needed.
Brent crude LCOc1 was up by 80 …

LAUNCESTON, Australia (Reuters) – Imagine waking up one morning with a deadly tiger snake in your bed. To make matters worse out of the window you notice an approaching bushfire.
Both are a threat to your life, but you are going to deal with the imminent danger of the snake first, and then tackle …