OPEC’s crude oil production plunged in March as the near-closure of the Strait of Hormuz forced key members to curb output and divert exports to alternative routes. Production fell by 7.89 million ...

Exxon lost six percent of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf. Exxon Mobil Corp. lost 6% of its global production in ...

U.S. shale drillers are expected to follow President Donald Trump’s call for higher oil production — but not just because he said so. The 68% surge in crude prices since the U.S. and Israel commenced ...

A group of OPEC+ members met Sunday and agreed to increase their oil output once the Strait of Hormuz is reopened. The plan is set to be implemented in May, and the countries said they would plan to ...

Seplat Energy workers begin an indefinite strike over pay and welfare disputes, raising concerns about oil output and supply as Nigeria faces rising fuel costs. Workers at Seplat Energy have begun an ...

The paper examines various metrics of Moldova’s export performance, including diversification, export relationships duration, export quality, and complexity. It finds that while progress has been made ...

Spring has sprung and love is in the air at the Smithsonian’s National Zoo in D.C., where its two giant pandas — Bao Li and Qing Bao — are flirting, a sign that zookeepers said means the two bears ...

OpenAI announced Thursday that it has entered into an agreement to acquire Astral, the company behind popular open source Python development tools such as uv, Ruff, and ty, and integrate the company ...

Kharg Island, which handles the bulk of Iran’s crude exports and was once floated by President Donald Trump as a potential target could spark broader regional instability and attacks on energy ...

U.S. defense companies agreed to ramp up production at a White House meeting as President Donald Trump calls for an unconditional surrender by Iran. In a post on Truth Social, Trump said companies ...

How, and if, the Trump administration plans to regulate the export of semiconductors has remained unclear since Donald Trump took office last year. Now, we have an idea of what the administration is ...