Libya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian Imports

Giant oil and commodity traders, including Vitol and Trafigura, alongside French Oil & Gas multinational TotalEnergies (NYSE:TTE), have won tenders to supply Libya with diesel and gasoline in a clear…

Ovintiv To Sell Anadarko Energy Assets In $3 Billion Deal

Canada-based energy firm, Ovintiv Inc. (NYSE: OVV), has entered into a definitive agreement to sell its Oil & Gas assets in the Anadarko Basin in Oklahoma to an undisclosed buyer…

Russia Slows Oil Drilling as Funds under Pressure

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…

U.S. Attacks Alleged Drug Boats as Venezuela Oil Crackdown Escalates

The United States military has attacked three alleged drug boats in the Eastern Pacific and the Caribbean as the U.S. continues its crackdown on narcotics trade and enforces a blockade…