BP plc BP, the British oil and gas major, has awarded a contract to the OneSubsea joint venture to provide a subsea boosting system for the greenfield development in the Tiber project. The Tiber ...

I’m furious. The cleanup is a joke,” said the homeowner on the morning of Thursday, Nov. 20. The homeowner, who asked that his name not be used publicly, called 9-1-1 ...

Crude oil softened early Thursday, hovering near $60 amid concerns over sluggish demand and persistent oversupply. Despite new sanctions on Russia, the market’s outlook remains weak, with resistance ...

Light crude oil futures edged lower Thursday as traders failed to follow through on Wednesday’s modest rebound, with prices stalling below key technical resistance. The 50-day and 200-day moving ...

India has significantly increased its crude oil imports from the US, reaching 540,000 barrels per day in October. This move aims to diversify oil sources beyond Russia and address trade concerns with ...

ExxonMobil generated an industry-leading $11.5 billion in cash during the second quarter. Chevron plans to pump out an additional $12.5 billion in free cash flow next year. ConocoPhillips expects its ...

OSLO/DUBAI, Sept 26 (Reuters) - Crude exports from Iraq’s semi-autonomous Kurdistan region are scheduled to restart on Saturday, the state news agency said on Friday, citing state marketer SOMO, which ...

As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump.

Crude oil stocks, not including the SPR, stood at 420.7 million barrels on August 29, the EIA's latest weekly petroleum status report showed. U.S. commercial crude oil inventories, excluding those in ...

I try not to write too much here about crude prices, as important as that market is. Largely, that is because crude moves so quickly that by the time you read anything I might write on that subject, ...

U.S. crude oil inventories rose for the first time in six weeks as imports increased and exports fell sharply from the week before, according to data released Wednesday by the U.S. Energy Information ...