Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald Trump made a high-volume appeal to ramp up...
In the last 24 hours, tensions in the Middle East have entered a new phase. The United States carried out targeted airstrikes...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are pushing a new tax provision that could deliver...
A key hearing is set for this Friday in Big Spring, Texas, in a legal battle that could have wide-reaching implications for...
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The World Bank has made a landmark decision by lifting its long-standing ban on financing nuclear energy projects in developing nations. Announced...
Exxon Mobil Corp. on March 2 said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no updates on shareholder returns.
The company began its annual update to investors a day after disclosing it would exit its last Russian operations in response to the invasion of Ukraine that sent oil prices to their highest level in eight years.
Exxon Mobil said it expects to cut annual costs by $9 billion in by 2023, $3 billion more than a previous target, in a drive to quickly pay down debt taken on during the pandemic and double earnings by 2027, over 2019 levels.
World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead.
Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest close since June 2014 as the global benchmark rose more than 15% this week.
Here in the states, West Texas Intermediate crude climbed as high as $112.51 a barrel before finishing the day up $7.19 or 7% at $110.60 a barrel on the New York Mercantile Exchange. It was the highest mark for US crude oil since May 2011.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
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The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
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Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
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