The Latest Breaking News from Oil

A French court Thursday ruled oil and gas giant TotalEnergies had engaged in "misleading commercial practices" by overstating its climate pledges, in what activists said was the first such ruling worldwide against a major oil company for climate misinformation.

The European Union has imposed more economic sanctions on Russia, adding to measures by U.S. President Donald Trump against the Russian oil industry

The European Union on Thursday agreed a new sanctions package targeting Russia’s “shadow fleet” of oil tankers and banning imports of Russian liquefied natural gas. The move comes as Ukrainian President Volodymyr Zelensky joins EU leaders at a summit in Brussels to push for more support against Russia’s invasion.

The new tax law has changed the energy investing landscape with expanded incentives and permanent tax benefits for oil and gas production.

The CEO of the U.S. energy secretary’s fracking company said Trump’s tariffs are getting in the way of U.S. energy and AI dominance.

New sanctions unveiled just a day after Trump said he would cancel ‘wasted’ meeting with Putin in Budapest

Philippine victims of a 2021 typhoon are seeking compensation from energy giant Shell for damage that they say was intensified by climate change worsened by the oil and gas company's carbon emissions

Russian president says Moscow will deliver ‘overwhelming’ response to strikes inside Russia

Assets in US belonging to Rosneft and Lukoil frozen as shares in Shell and BP rise by 3%