A faster EU phaseout of Russian energy would affect gas markets more significantly than oil, given Moscow still supplies around 14% of Europe’s gas, Raboank said.

The world must invest an average of$540 billion through 2050 in the upstream sector or face a reduced global production of 5.5 million barrels a day for the next decade, a new report stated.

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore ...

The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050, according to ...

Energy Department Awards BWX $1.5 Billion Contract A BWX Technologies unit was awarded a National Nuclear Security ...