North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Petrobras operates Buzios with an 88.99 percent stake. CNOOC Ltd. owns 7.34 percent through wholly-owned subsidiary CNOOC ...

Santos said newly revealed approvals would delay the process for an ADNOC-led consortium to progress its proposed takeover of ...

Oil refiners in China have stepped up purchases of Russia's flagship crude, seizing an opportunity to take discounted cargoes ...

The U.S. Energy Information Administration cut its West Texas Intermediate average spot crude oil price forecast in its latest short term energy outlook.

Any talks about U.S. sanctions towards Russia are now blowing in the wind, Bjarne Schieldrop, Chief Commodities Analyst at ...

With the existing fleet committed to 20-year charters, we have increased focus on securing attractive FLNG growth units'.

The technical aspects have more or less been agreed upon, but the commercial alignment is still under negotiation and will ...

Oil drifted lower, settling below $66 a barrel, as investors awaited a face to face summit between Donald Trump and Vladimir Putin later Friday.

Empire Petroleum Corp. has reported an adjusted net loss of $5.23 million, or $0.15 per share, for the second quarter, compared to an adjusted net loss of $4.25 million for the prior three-month ...

The U.S. Energy Information Administration projected that the U.S. regular gasoline retail price will average $2.88 per gallon next year.