Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Good afternoon and Happy Friday readers! In today’s edition of Daily on Energy, Callie and Maydeen are wrapping up the week by looking at the Senate plans for reconciliation and the vote this morning ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

Wright aims to expand U.S. power supplies — including renewable energy — to help lower electricity prices, he said during his ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Good afternoon and happy Monday, readers! In today’s Daily on Energy, we examine how President Donald Trump’s imposed tariffs ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...

The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.