According to the status report on the oil and gas developments in Uganda, the drilling is still on schedule and the remaining 63 oil wells are expected to be drilled on time.The report indicates that ...

Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...

Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to ...

Murphy Oil acquires the BW Pioneer floating production storage and offloading vessel from BW Offshore for $125M.

Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

BP will increase U.S. Natural Gas production in its onshore shale operation following the recent rise of domestic gas prices.

Good afternoon and happy Tuesday, readers! The Trump administration’s tariffs are back on as the president announced he would be doubling the duties on Canadian steel and aluminum, in retaliation to ...

By Ron Bousso HOUSTON - BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent ...