Due to the growing demand for oil and gas, the development of new technologies, and expanding drilling activities, the energy industry is poised for continued growth. Therefore, it could be wise to ...

Petrobras’s five-year proposal would lift investments by 8.8% compared to its last strategic plan, which called for $102bn in ...

A key oil market gauge is flashing signs of oversupply in the US, in the latest indication of a looming global glut.

Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had ...

Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year ...

China's refinery throughput in October fell 4.6% from last year, down from year earlier for a seventh month, as plant closures offset the ramp up of a newly started complex and demand from holiday ...

Oil prices gained about $2 a barrel on Monday after news of halted crude production at Norway's Johan Sverdrup oilfield, which ...

Russia's Ilsky oil refinery has applied for government financial help mainly due to high interest rates and facility modernization, but added there was no risk of it shutting down and that it remained ...

Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production ...

President-elect Donald Trump may find the road to cheaper gas prices is a little rocky. “Frack, frack, frack and drill, baby, ...

Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...

If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...