Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

President Donald Trump has vowed to “drill, baby, drill” with promises to unleash U.S. oil and gas production. There is one problem with that – the oil companies might not want to.

Brazilian state-run oil giant Petrobras said on Wednesday it has signed a memorandum of understanding seeking to cooperate ...

Riley's credit facility maturity was extended by more than two years, and it received a $25 million borrowing base increase.

Janney Montgomery Scott LLC acquired a new stake in Range Resources Co. (NYSE:RRC – Free Report) during the fourth quarter, ...

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Oil-bearing communities in the Gokana Local Government Area of Rivers State have threatened mass action over alleged ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

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

Blocks offer divergent risk profiles — one hosting gas prospects near infrastructure, the other hosting structures similar to ...

But most of the drilling leases already granted to companies in the oil-rich Gulf are idle and unused, and they’ll stay that ...