OPEC+'s June hike is part of a broader plan to gradually unwind production curbs totaling 2.2 million barrels a day. Last month, the group stunned the market by announcing an increase of 411,000 ...

Norwegian operator BW Energy has announced a final investment decision for a new US$1.5 billion standalone oilfield ...

BW Energy makes FID on Maromba field development in Brazil . BW Energy is pleased to announce the final investment decision (FID) for the Maromba development offshore Brazil based ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Democrats have missed opportunities to stabilize the oil market in the past. When oil prices crashed during the Covid pandemic, threatening shale companies with bankruptcy, party leaders blocked a ...

Thirty crew members were rescued from the vessel, while one person remains missing, Peru's defence ministry says.

A man who works out in the North Sea has shared some fascinating insights into the realities of the job. Jordan Morgan, known ...

The number of oil rigs fell by 4 to 479—down by 20 compared to this time last year. The number of gas rigs rose by 2 this ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

LIMA (Reuters) - A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River, killing at least two people, Peru's defense ministry said on Friday.

A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River leaving two people dead and one missing Peru's defense ministry said on Friday.

As the premier recognition platform within the international energy industry, the African Energy Awards celebrate significant ...