Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

Equinor (NYSE:EQNR) has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea, it said on Monday. The well was drilled in the Drivis structure on ...

Opening any new North Sea oil and gas fields is incompatible with achieving the Paris Climate Agreement goals of limiting warming to 1.5°C or holding warming to "well below 2°C" relative to ...

Shell SHEL 0.16% will buy TotalEnergies’ TTE 0.42% stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country’s deep-water Bonga field. Shell said Thursday ...

Now the state’s powerful oil and gas regulator, the Railroad Commission of Texas, is acknowledging the scale of the problem and imposing restrictions that could increase crude production costs.

Synergy is going to restore the land and decommission the oil wells. "This is a project that is good for the Southern California region. It is a project that is rare, in this day and age," Long ...

The first oil production from a joint U.S.-French corporate venture in the Gulf of America was a welcome indication that President Donald Trump’s agenda to "unleash American energy dominance" is ...

As promised, oil producers have joined the fight against a state law that bans well maintenance and new drilling within 3,200 feet of a home or other sensitive site.

An oil and gas-related lawsuit filed against state government Wednesday challenges a landmark law banning new drilling or well maintenance within 3,200 feet of sensitive sites such as homes ...

Sinopec said it has discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes. The fields are part of the China's Ministry of Natural ...

Petrobras is the operator of the Buzios oil field with an 88.89% stake and is partnered with CNOOC Ltd., holding a 7.34% stake and China National Petroleum Corporation, holding a 3.67% stake.

Chevron said Friday that it had completed an expansion at its Tengiz oil field in Kazakhstan intended to increase production this year to around one million barrels a day, approaching 1 percent of ...