British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to ...

The incoming US administration is considering good-faith measures to ease sanctions if things move forward. Or, if not, then ...

Learn about Spartan's financing, production plans, commodity price guidance, and divestment strategy in the Duvernay Shale ...

Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

Rio Tinto and Glencore reportedly discussed a potential merger, but talks stalled likely due to Glencore's thermal coal ...

Crude oil prices are expected to rise for a third week in a row due to US sanctions on Russia, positive economic data from ...

Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...

President-elect Donald Trump’s nominee for interior secretary told senators that the U.S. can use fossil fuel development to ...

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...