U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

U.S. and global oil futures declined on Thursday as a hefty rise in last week’s U.S. supplies and uncertainty surrounding ...

A power outage has forced the shutdown of the Johan Sverdrup oilfield, Western Europe's largest, impacting oil production in ...

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader ...

The UAE has successfully positioned itself as a global trade hub, with non-oil trade accounting for a substantial portion of ...

Saudi Arabian Oil, also known as Saudi Aramco ... Yet even with the biggest companies in the world, no investment is a sure thing. A diversified portfolio is still a must so that you're not ...

China National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...

This incident follows a similar October spill at the same location. Officials respond to another major incident at one of the ...

Even so, the world’s largest oil companies are betting on growing demand for electricity generated from natural gas in a future where crude consumption peaks due to the energy transition.

The biggest North American oil companies succumbed to the same forces slashing results for fuel producers around the world – a flood of new output amid stagnating demand. Those lacklustre performances ...