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 ...

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 ...

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 ...

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 were ...

Exxon Mobil's financial performance has been a mixed bag in recent quarters, reflecting the broader challenges faced by the oil and gas industry. The company's financial foundation remains solid ...

automotive gas oil, heavy fuel oil, jet fuel and paraffin, among other products. Afreximbank, which has invested in the 650,000 barrels per day (bpd) Dangote refinery in Nigeria, and the Lobito and ...

He said the initiative will support the trade of key products such as premium motor spirit, automotive gas oil, heavy fuel oil, jet fuel, and kerosene under a revolving intra-African oil importing ...