BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...

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Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...

EU agrees on 'one of its strongest' Russia sanctions packages after Slovakia lifts veto * UK sanctions Russian intelligence units involved in cyberattacks * Ukrainian drones reportedly attack Moscow ...

The majority of G7 nations are likely to go it alone on lowering the price cap for Russian oil exports, even if the US opts out, sources have told Reuters.

The European Commission is planning a new floating Russian oil price cap to counter opposition from some EU member states. The move aims to adjust the existing $60 cap due to falling global oil prices ...

The European Commission is set to propose a new floating oil price cap targeting Russian crude, adjusting to global market changes. Amidst varying support from EU and international leaders, the ...

The Financial Services Forum, which represents eight of the largest banks in the U.S., has lured Amanda Eversole from the ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region without immediate energy security concerns.

Enbridge and Energy Transfer are exploring a new Illinois pipeline link to expand Canadian oil shipments by 200,000 bpd amid surging oil sands production ...