Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil barrels and 600 billion ...

The Supreme Court is declining to hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the ...

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff ...

A legal quagmire between West Virginia landowners and Diversified Energy Corp., a company focused on buying up and profiting ...

US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...

Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing its crude on a delivered basis as well to ...

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...

In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...

Dozens of similar cases are cropping up around the country, with states and cities trying to hold the fossil fuel industry ...

Chief Executive Officer of the Chamber of Oil Marketing Companies (OMCs), Dr. Riverson Oppong, has announced that the country ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...