Last week’s crude rally gained steam this week on President Trump’s re-emphasis of the US demands on Iran. An unexpected ...

The sale agreement follows restriction from the US Treasury on a 2025 agreement with Gunvor, with Lukoil exploring multiple options to sell its international operations.

Offshore assets will provide the bulk of Chevron Corp.’s expected 2026 production growth of 7-10%, executives said Jan. 30. In conjunction with fourth-quarter results, chief executive officer Mike ...

The annual results mark a decline from 2024 levels—when earnings totaled roughly $33.7 billion—as global crude prices ...

The operator exercised a 1-year option for the West Saturn drillship, adding $114 million Seadrill's backlog and extending ...

Valero's 2025 results show a spike in earnings, fueled by record refining throughput, strong margins, and improved mechanical ...

The surge in oil prices reflects heightened geopolitical risks, as US rhetoric and Iran's response increase the likelihood of ...

The operator has signed a deal to look into oil opportunities offshore Morocco. Spending in the Gulf of Mexico will rise 10% ...

David Slater will remain as chief executive officer of the company, while the company's chief operating officer, Christopher Zona, will also assume the role of president.

US crude oil inventories fell to 423.8 million, slightly below the 5-year average, while gasoline and distillate fuel inventories saw increases.

TotalEnergies has resumed onshore and offshore activities for the Mozambique LNG project following the lifting of the force ...

For conventional horizontal gravel packed wells, a comprehensive study using various ceramsite densities reveals the ...