Despite the biggest supply shock in history, the oil market turned out to be significantly more flexible than most experts ...

The Strait of Hormuz has reopened, for now, and Middle Eastern countries that shut off their oil wells during the war (the ...

The L.A. City Council attempted to phase out oil production in 2022, but the ordinance was struck down by a judge following ...

Clay Gaspar, CEO Devon Energy, joins 'Closing Bell' to talk the state of the energy markets, the impact of the Iran war, and ...

Shell, BP involved in development of Loran field Shell to start procurement for oil, gas projects Crude to be used as diluent, feed domestic refineries CARACAS, June 11 (Reuters) - Venezuela signed ...

Tullow Oil will expand Jubilee development offshore Ghana. All six wells from the 2026 drilling program will be onstream this year. A Plan of Further Development has been approved for drilling of up ...

Contractors have submitted commercial bids to Abu Dhabi National Oil Company (ADNOC) for the engineering, procurement and construction (EPC) contract covering the development of the Waset offshore gas ...

Oil reserves in major global economies are reaching the lowest levels since 2003 due to the Iran war's impact on Middle Eastern exports. According to the U.S. Energy Information Administration, OECD ...

Murphy Exploration & Production Co. has let a contract to Subsea 7 SA for the String Music development in the US Gulf of Mexico. The project includes engineering, procurement, construction, and ...

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Pennsylvania’s natural gas impact fee has become one of the Commonwealth’s most successful examples of responsible energy development paired with local investment. Established under Act 13 of 2012, ...

Roxanna Vigil previously served as a senior sanctions policy advisor at the U.S. Treasury Department’s Office of Foreign Assets Control. Before that, she served as the director for Andean affairs at ...