In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

Elliott seeks rapid, irreversible change in pursuit of an unrealistic thesis – and risks halting the momentum on our long-term value-creating strategic plan'.

Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.4 million barrels for the week ending April 11.

According to its April STEO, the EIA now sees the Brent spot price averaging $67.87 per barrel in 2025 and $61.48 per barrel in 2026. In its previous STEO, which was released in March, the EIA ...

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor and BP.

Commissioning activities for the facility have started with the arrival of the first cargo of U.S. liquefied natural gas (LNG).

The level of support by the President of the United States and his administration for the development of critical energy ...

Adnoc has been among the most active dealmakers globally over the past year, buying assets from the US and Europe to Africa.

The total U.S. rig count decreased by seven week on week and the total Canada rig count decreased by 15 during the same ...

Perenco said it has successfully completed the United Kingdom’s (UK) first carbon dioxide (CO2) injection test for carbon ...

The U.S. Energy Information Administration cut its Brent spot price forecast for 2025 and 2026 in its latest short term ...