Opec's revised forecast of slower global oil demand growth in 2025 offers India a potential economic advantage. Lower energy prices could ease inflationary pressures, allowing the RBI to pursue growth ...

Atlanta field represents a breakthrough in ultradeepwater oil production, proving that independent operators can drive innovation in complex reservoirs. With exclusive insights from Brava Energia ...

California’s Trio Petroleum Corp. is purchasing petroleum and gas assets in the Lloydminster, Saskatchewan heavy oil region in a cash-and-stock deal, the company said April 10. Trio agreed to buy the ...

These assets are in the prolific Lloydminster, Saskatchewan heavy oil region (the “Acquisition”). This acquisition could strategically position the Company to expand its operations into one of ...

Venezuela’s armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobil’s operations in the oil-rich ...

It was a week when both oil and natural gas prices logged steep losses. Overall, it was a catastrophic seven-day period for the sector. West Texas Intermediate (WTI) crude futures plunged more ...

NEW YORK, April 9 (Reuters) - Oil prices climbed more than 4% on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump said he would further ...

Still, oil prices were up 1%, which ING's Warren Patterson described as a relief rally aided by steadier equity markets. Wall Street's main indexes on Tuesday bounced back from a heavy selloff.

Samsung Heavy Industries the world's third-largest shipbuilder by orders, said Tuesday it has received a 477.8 billion-won ($325 million) order to build four oil carriers in the Oceania region.

SEOUL, April 8 (Yonhap) -- Samsung Heavy Industries Co., the world's third-largest shipbuilder by orders, said Tuesday it has received a 477.8 billion-won (US$325 million) order to build four oil ...

Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession. Brent futures ...