As part of the Republic of Congo’s strategy to double its oil production, the government is encouraging independent operators ...

WTI crude oil (CLH25) today is down -1.10 (-1.50%), and March RBOB gasoline (RBH25) is down -0.0320 (-1.49%). Crude oil and ...

BP is set to expand its operations in the Shah Deniz gas field offshore Azerbaijan with the addition of six new wells, ...

According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

NoPalm Ingredients has achieved fermentation of oils and fats from food industry side streams to an industrial scale of ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

The offshore wind industry has bipartisan support in Louisiana, including from traditional companies in the oil-and-gas ...

Bayswater Exploration and Production, a Denver-based oil and gas company, has entered into an agreement to sell $603 million ...