Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Africa, a continent rich in natural resources and a growing consumer base, has long been a source of immense wealth for ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.

As one of the demonstration carbon capture, utilization and storage projects of the company in Bohai, it adopts advanced ...

NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.

Mexican state-owned oil firm Pemex is set to have a wider berth to operate jointly with private companies under a bill sent to Congress on Wednesday, loosening restrictions implemented by the previous ...

Learn more about whether Eni S.p.A. or Cheniere Energy, Inc. is a better investment based on AAII's A+ Investor grades, which ...

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...

Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

“Trump hopes that speeding up permitting on federal land will help incentivize operators to extract more oil and gas, and while this is positive news for the industry, it’s unlikely to have a ...