The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Click ...

The acquisition is part of a string of activity in the giant Vaca Muerta shale formation, where a drilling bonanza is underway.

Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons of ...

Memories of the 2010 explosion and spill that killed 11 workers and dumped 134 million gallons of oil in the Gulf of Mexico ...

A Friday presentation to investors revealed that the state-owned oil company in Argentina could have its core earnings fall this year due to lower crude prices.

Argentine state-run oil producer could see its core earnings this year slide on lower crude prices, a presentation to ...

This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials preparing policy responses for a drop in revenue such as issuing more ...

“A general risk-off environment led to positions being reduced by money-managers in particular, who had added 172 million barrels to their crude oil longs in the three weeks before the tariff ...

Lower crude oil prices is likely to moderate inflation ... which should give visibility to the corporations for capital formation, he said. The finance ministry’s top economist said no one ...

However, findings by Vanguard indicated that the low crude oil prices may culminate in low prices of petroleum products in the domestic market. The findings showed that major players in Nigeria ...