A political dispute has erupted in Switzerland over soaring fuel prices, with politicians demanding relief for consumers and businesses. Criticism is also directed at oil companies amid concerns about government failure.

Eight oil companies in Tokyo are under investigation by the Tokyo District Public Prosecutors Office for allegedly forming a cartel to illegally raise diesel prices for transportation companies.

Shares of Russian companies, including Gazprom, Lukoil and Rosneft, have surged due to the Middle East war driving oil prices higher.

Shell is leading a group of oil companies in challenging a significant $5 billion environmental fine imposed in Kazakhstan.

Oil companies jostle for projects to boost Venezuelan output quickly; a real grind awaits  TradingView

States are pursuing "climate superfund" bills to hold oil companies accountable for global warming damages, while a federal judge has blocked a Texas law targeting firms that boycott the fossil fuel industry.

Energy prices have surged dramatically since the United States and Israel launched their attack on Iran Saturday, and that will almost certainly translate into bigger profits.

MANILA, Philippines—Rural groups led by peasant group Anakpawis staged a protest at a gasoline station in Quezon City on Tuesday, March 3, as fuel prices rose for the ninth straight week, accusing oil firms of using the escalating Middle East conflict to justify higher pump prices. In a statement, the group warned that oil companies

The US Supreme Court is scheduled to hear a bid by oil companies to dismiss climate-related lawsuits against them.

ExxonMobil is actively working to assess the natural gas resources in Guyana, according to a statement from a government minister.

After a period focused on share buybacks, major oil companies are now increasing their drilling activities.

Energy markets are reacting to Middle East conflict. US oil companies could see higher profits as prices climb.

A recent Supreme Court ruling is anticipated to lead to significant litigation for oil companies regarding royalties.

An analysis reveals that five major oil companies have collectively earned nearly £346 billion in profits since the start of the Ukraine war, with shareholders receiving £320 billion in dividends and buybacks.

Repsol has stated that Venezuela owes the company $5.4 billion, though recovering these funds is not currently a top priority.

Phillips 66 and Citgo are reportedly seeking to buy crude oil directly from Venezuela, according to Reuters.