Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

Saudi Arabia's crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

Companies have little interest in drilling in federal waters. Fighting over the issue can still be useful in Washington.

Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...

The U.S. Interior Department on Wednesday said no bids were submitted for this week's oil and gas lease sale in Alaska's ...

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...

The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of ...

President Joe Biden is making a sweeping move to ban all future offshore oil and natural gas drilling on America's East and ...