Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, ...

State-owned SOCAR manages Azerbaijan's oil and gas industry and the investment in Israel has major geopolitical implications ...

Trump’s executive orders aim to boost U.S. oil and gas production by easing regulations. Energy companies welcome deregulation but are reluctant to increase output without higher prices.

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Shell (SHEL) has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading, ...

A court has ruled that the 2023 approval of the Rosebank oil field was unlawful, a decision widely viewed as a victory for ...

InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.015 per common share payable on ...

The push for alternative fuels comes after the state last summer said it would miss by a few years its first goal of getting ...

El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

What Drives the Price of Oil? Crude oil is extracted from underground oil reserves. In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves ...