Vitol and Trafigura are in talks with large Indian and Chinese refiners over potential sales of Venezuelan crude, days after ...

President Donald Trump signaled he's leaning toward excluding Exxon Mobil Corp. from his push for U.S. oil majors to rebuild ...

Intensity Infrastructure Partners and Rainbow Energy indicated they are nearing a positive final investment decision on a new ...

TotalEnergies and its partners in Block 9 have signed an agreement with the government to enter the adjacent Block 8 around ...

The Spanish utility fully energized a 1,600-kilometer transmission line between the north of Minas Gerais state and Sao Paulo ...

In its previous count, which was published on December 30, Baker Hughes revealed that North America dropped 16 rigs week on ...

The OPEC Secretariat has received updated compensation plans from Iraq, the United Arab Emirates, Kazakhstan, and Oman.

In an insight report released recently, analysts at Wood Mackenzie outlined that U.S. tight oil production “will shrink ...

Ukraine overnight targeted three drilling platforms in the Caspian Sea owned by Russian oil major Lukoil in the latest move ...

Summing up, the Rystad analysts noted in the update that $183 billion of oil and gas investment is needed over a 15-year ...

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading ...

Around 30 percent of global oil reserves might be consolidated under U.S. influence, J.P. Morgan analysts stated.