The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

Trump's 'Drill, Baby, Drill' push faces industry hesitation as oil producers prioritize profits over politics. Explore the ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Despite political pressure to increase drilling, oil companies prioritize market conditions and financial stability, focusing ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Oil and gas firm Devon Energy beat analysts' estimate for fourth-quarter profit on Tuesday, as higher production helped ...

Oil prices have risen due to a drone attack on a Russian pipeline and cold weather in the US, although potential US-Russia ...

Bayswater Exploration and Production agreed to sell thousands of acres and hundreds of oil wells in the Denver Julesburg ...

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, ...

Goldman Sachs said a potential ceasefire in Ukraine and subsequent easing of sanctions may have little impact on Russia's oil ...