Hedge fund Elliott Management has built a stake in the oil major, The Wall Street Journal reported, and will push for transformational change.

“When you look at the streets of Sydney and Melbourne burning, I think Australians are overwhelmingly looking at that and saying we haven’t gone forward, we have gone back,” Mr Littleproud ...

WTI oil (CL) prices failed to sustain gains in the overbought region of $80.70 and dropped as market attention shifted from sanctions on Russia to President Trump’s potential trade policies.

Oil prices were little changed in early trading on Wednesday as markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in office and its impact ...

They warned that Indonesia may have to pay a high for being perceived as taking sides in the world increasingly polarized between one bloc led by the United States and another led by China and Russia.

Refiners in India, which imports over 80% of its oil, have been hit hard by a spike in global oil prices and shipping rates after Washington recently imposed sweeping new sanctions targeting ...

US oil drilling activity has dropped to near post-pandemic lows due to low oil prices and cost inflation, with the rig count falling for over two years. Oil companies are prioritizing shareholder ...

On the other hand, the Brent crude oil (BCO) has pushed below $80. Trump’s aggressive push for oil and gas production and his efforts to reduce energy prices may limit the upside potential for oil.

Civilization 7 has gone gold ahead of its February release, marking the final stage of development. The game will be available on multiple platforms, including the Steam Deck, with cross-play support.

However, commodity analysts at Standard Chartered have predicted that the dramatic slowdown in U.S. oil production growth that we witnessed in 2024 will continue over the next two years.

DUBAI, Jan 20 (Reuters) - Syria has issued public tenders for oil and its products, Ghiath Diab, the oil minister in the caretaker government appointed by Syria's new rulers, told state news ...

today the guns in Gaza have gone silent,” President Joe Biden said Sunday, announcing the commencement of the ceasefire in Gaza and celebrating the release of three Israeli hostages. Dozens more ...