BP, leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment decision on Tuesday to increase the project’s production capacity.In a strategic realignment, the British oil giant is pivoting from renewable energy to increased oil and gas production. This includes…
According to a new research released Tuesday by the Organisation for Economic Cooperation and Development (OECD), the global economy…
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again…
Automakers worldwide voiced concerns alongside US manufacturers on Tuesday regarding China’s dominance over critical minerals, Reuters reported. The companies warned…
China is in advanced discussions to place a major order for Airbus SE aircraft, with a deal potentially timed…
Russia’s economy has not collapsed under pressure. At least not yet. GDP still grows. Wages have risen.Western sanctions failed…
The US Federal Reserve has removed a long-standing asset cap on Wells Fargo & Co., ending one of the…
Fueled by a softening dollar and renewed trade friction between the US and China, gold prices saw an uptick…
Ayatollah Ali Khamenei, Iran’s Supreme Leader, asserted on Wednesday that halting uranium enrichment is definitively against the nation’s interests,…