Saipem wins a $1.9 billion contract for engineering work on the $10.5 billion GranMorgu oil project in Suriname.

Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...

Exxon will reduce the headcount at Pioneer Natural Resources by some 397 over the next two years, reducing the number of ...

The new oil production disruption comes a month after output recovered following yet another outage caused by a field ...

On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...

Developing countries, including China and 76 others, insist that funding should come exclusively from wealthy nations.

Mexico is considering allocating $6 billion in its 2025 budget to support the debt obligations of struggling state oil ...

Gautam Adani, founder and chairman of Indian industrial conglomerate Adani Group, said in a social media post platform X on ...

During his first term in office, U.S. President-elect Donald Trump tore up the so-called Iran nuclear agreement, formally ...

Exports of Russian refined oil products by sea fell by 7% in October compared to September, due to an increase in idled ...

Russia’s energy ministry believes it could be possible to lift the gasoline export ban, currently in force until the end of ...

The German cabinet has approved reforms that will restrict oil companies from carrying excess emissions reduction credits ...