In an earnings call on Wednesday, chief executive Karl Johnny Hersvik estimated that the total remaining resources of the ...

Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

Officials say Russian forces have targeted Ukraine’s energy and gas infrastructure in a “massive” nighttime missile attack, while Ukrainian drones struck an important oil refinery inside Russia ...

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

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the world's largest metamorphic buried hill oilfield, marking a major milestone in ...

Blake Robbins, owner of Petrovista Energy Partners, talks about the oil and gas industry in an ever-changing environment.

The Senate has confirmed fossil fuel executive Chris Wright to serve as energy secretary, a key post to promote President Donald Trump’s efforts to achieve US “energy dominance” in the global market.

Secretary of the Interior Doug Burgum contended that President Donald Trump‘s tariffs on other countries are meant to bring ...

RACHEL REEVES has vowed to turn the economy around by tearing up growth-choking eco rules and getting Britain building again ...

The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...

Production for Q1 2025 is forecasted at 159,000 to 167,000 barrels of oil equivalent per day, reflecting natural declines and planned downtime across onshore and offshore assets. Full-year 2025 ...

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for ...