The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

The oil and gas industry spent more in 2024 than in any previous election. Now they want Trump to follow through on his pledge to "drill, baby, drill." ...

Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

An update from Trio Petroleum Corp. ( ($TPET) ) is now available. On January 16, 2025, Trio Petroleum Corp announced it has fully repaid $1.6 ...

British Petroleum (BP) Plc has announced plans to cut about 7,700 jobs as part of its ongoing efforts to reduce costs in 2025 ...

U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...

2024 was a bummer year for Occidental Petroleum ( OXY 1.19%) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in ...

Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...

The CEO of the American Petroleum Institute said oil and gas companies are looking for laws and regulations that will outlast ...

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...