Oil surged the most since the first of the month as American crude stockpiles at a key storage hub shrank by the most...
Oil surged the most since the first of the month as American crude stockpiles at a key storage hub shrank by the most...
RIO DE JANEIRO: Brazil's biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of state-run oil company Petrobras...
JUBA, South Sudan: South Sudan oil has been fueling conflict in the country as oil revenues have been used to fund war, according...
Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios...
COPENHAGEN/BUDAPEST: Denmark on Wednesday gave the go-ahead to the Nord Stream 2 gas pipeline, removing the last major hurdle to completion of the...
It was just a year ago that Tom Loughrey tried pitching a fund to bet against shale producers. "I was basically kicked out...
BRASILIA/RIO DE JANEIRO: A thick sludge of crude oil has been washing up on vast stretches of Brazil's coast for nearly two months,...
Chevron Corp. sees a "boom boom boom kind of economy” in West Texas, shrugging off signs of a Permian Basin slowdown showing up...
NICOSIA, Cyprus: The chief executive of Italian energy firm Eni said Thursday his company won't go ahead with any gas drilling in Mediterranean...
Doha: Oil prices witnessed consecutive gains after declining for the first two trading sessions in September. The gains came on the back of...
HANOI: Vietnam will abolish an import tax on crude oil from November, the government said on Tuesday, as the Southeast Asian country becomes...
WASHINGTON: The Democratic-controlled House on Thursday voted to reinstate a decades-long ban on oil and gas drilling in Alaska's Arctic National Wildlife Refuge...
OKLAHOMA CITY: T Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was...
Paris: Oil and gas projects approved by major fossil fuel companies over the last 20 months threaten both shareholder value and efforts to...
Venezuela's oil exports fell in August to their lowest level in 2019, internal reports and Refinitiv Eikon data showed, hurt by a halt...
WASHINGTON: The Trump administration on Thursday proposed rescinding Obama-era limits on oil and gas industry emissions of methane, one of the main pollutants...
BP Plc has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s...
CAIRO: Libya's national oil company has suspended operations at the country's largest oil field over the "unlawful" closure of a pipeline valve, in...