The U.S. Interior Department is taking steps to make it easier for oil and gas companies to "commingle" multiple U.S. onshore ...

The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Mol Nyrt., the Hungarian oil company that’s faced criticism for maintaining strong reliance on Russian energy, sees a ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

The U.S. continues to show it’s serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter ...

India's southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation ...

Africa's upstream oil and gas sector is experiencing a transformative shift with majors divesting assets and new regional ...