Despite escalating regional tensions and military actions, Gulf National Oil Companies (NOCs) are maintaining their long-term ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser ...

But nearly 40% continue to expect spending to rise next year even though executives’ overall outlook remains slightly negative.

Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U ...

The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows.

PetroChina has brought online the Dukouhe-Qilibei sour gas field — its most sulphur-rich development to date — completing the ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Initial production from the Cepu block project, completed 10 months ahead of schedule and virtually inaugurated by Indonesian President Prabowo Subianto, adds up to 30,000 ...

Tensions remain high, but a sustained rise in oil prices requires a fundamental reduction in global oil supply. That’s not ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Meanwhile, up in New York, the Trump administration was doing an about-face on its opposition to Empire Wind, the wind farm ...