Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

The number of active U.S. rigs drilling for oil climbed by seven to total 479 rigs this week, Baker Hughes reported on Friday, as domestic producers look to a “more friendly environment” for crude ...

The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...

Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business ...

Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...

Russia's second-largest oil producer Lukoil plans to raise around $2 billion from the sale of its Burgas oil refinery in ...

Good afternoon and happy Friday readers. We’ve made it to the end of another week and the first month of the year! With the Trump administration’s border tariffs on Canada and Mexico set to go into ...

Digital Lifecycle Excellence is the foundation for improving efficiency while lowering costs in downstream oil and gas operations ...

Decisions to greenlight development in the Rosebank oilfield and Jackdaw gas fields have been ruled unlawful, because developers “had not taken into account the carbon emissions created by burning any ...

Early in the week reports of panic selling on Wall Street reverberated around the world but the Australian share market ...

Houston-based startup Quaise Energy is testing technology that melts and even vaporizes rock to unlock "superhot" rock ...