India's state-owned oil company ONGC has selected BP as the technical services provider to enhance production at Mumbai High, ...

Loan Programs Office (LPO) on Tuesday has announced a conditional commitment for a loan guarantee of up to $1.81 billion to Arizona Public Service Company ...

Guyana's crude oil exports surged by 54% in 2024, driven by strong demand from Europe for its high-quality oil.

The state of Alaska is suing the Biden Administration, claiming that its decision to restrict acreage in an upcoming Arctic ...

ADNOC's internationalization strategy, through shipping, downstream investments, and lower-carbon initiatives makes it a stronger competitor among international oil companies ...

Exxon expects lower-than-expected fourth-quarter profits due to weaker refining margins and a $600 million impairment.

President-elect Donald Trump declared his intentions to overturn outgoing President Joe Biden’s ban on offshore oil and gas ...

Moldova provides energy aid to Transdniester as the breakaway region faces a gas cutoff amid a dispute between Russia and ...

China's fuel oil imports are expected to slow down after the government increased import tariffs, putting further pressure on the already strained margins of independent refiners.

Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...

Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's profitability and raising concerns about the future of the luxury EV market.

Shell expects lower profits in the fourth quarter of 2024 due to seasonality, timing issues, and a $1.3 billion charge, impacting LNG production, trading, and renewables.