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By calling for an urgent OPEC+ meeting to discuss oil price stabilization under pressure from President Donald Trump, Saudi Arabia has admitted defeat in its price war against Russia, Mamdouh Salameh, a visiting…

Low gas prices have been turning more heads than wheels in recent weeks in the wake of an oil price war and as the Covid-19 pandemic continues. The average cost of a gallon of regular gas in Washington state, as of April 29, was…

Tony Xu, co-founder and chief executive officer of DoorDash Inc., smiles during the Wall Street Journal Tech Live conference in Laguna Beach, California, U.S., on Tuesday, Oct. 22, 2019.Martina Albertazzi | Bloomberg | Getty…

Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could climb to $65 a barrel. Just a couple of months ago,…

Pump jacks operate in the Permian Basin in Midland, Texas, U.S, on Saturday, Feb. 13, 2021.Matthew Busch | Bloomberg | Getty ImagesThe shock winter storm in Texas that left millions without power and took dozens of lives also froze a…

Norway launched a consultation on Thursday on a 2021 licensing round in mature areas in which it offered 84 new blocks for petroleum exploration, including 70 in the Arctic Barents Sea.The maps attached to a statement by the…

An oil field in Panjin, Northeast China's Liaoning Province Photo: VCGOil and gas discovered in the past decade reached 10.1 billion tons and 6.85 trillion cubic meters respectively, accounting for 25% and 45% of the total explored sum…

Mississippi Governor Tate Reeves has signed on to a letter to President Joe Biden opposing his oil and gas lease ban. Reeves joined Governors Spencer Cox, Utah; Mark Gordon, Wyoming; Kay Ivey, Alabama; Mike Dunleavy, Alaska; Doug…

MIDLAND, Texas (KOSA) - After a rocky year for the energy industry, leaders are looking to the future to see what changes could be coming.This past year has been turbulent for the oil and gas industry, but the Permian basin has seen a…

GRAND RAPIDS, Mich. (WOOD) — DTE says hundreds of its Grand Rapids customers are without natural gas Wednesday night as crews repair an equipment malfunction. The company says the natural gas outage is impacting 530 customers…

's Brian Larkin () talks through the latest results from the preliminary test results from the ASH-3 development well, at the Abu Sennan project, which beat expectations. Larkin explains what the numbers mean after the ASH-3 well…

“We are very excited about both the near-term opportunities that Solear brings," said Gil Holzman. Eco Atlantic Oil and Gas Ltd (LON:ECO) has quickly renamed its new renewable energy venture which is seeking a spin-out later this year.…

SINGAPORE: Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 11 months, underpinned by monetary easing policies and lower crude production in the United States. Brent crude futures for April…

SINGAPORE: Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 11 months, underpinned by monetary easing policies and lower crude production in the United States. Brent crude futures for April…

FUJAIRAH, 24th February, 2021 (WAM) -- Oil products stockpiles at the Port of Fujairah rebounded to a three-week high, with…

Oil pumping jacks, also known as "nodding donkeys," in a Rosneft Oil Co. oilfield near Sokolovka village, in the Udmurt Republic, Russia, on Friday, Nov. 20, 2020.Andrey Rudakov | Bloomberg | Getty ImagesOil prices rose for a fourth…

January 2021 is still far from over yet the pages of Oilprice already boast 6 articles about Guyana being the hottest drilling spot in the world. This is hardly surprising, considering the hot streak that ExxonMobil had over the past 5…

Advancement in refining technologies enabling the crude oil refiners to process and refine the heaviest and dirtiest of crude has boosted the drilling activities pertaining to heavy oil and oil sands. Oil sands are the…

* Brazil's real edges up; inflation data raises rate hike case * Eletrobras jumps 6% after privatization plan unveiled * Ecopetrol posts 87.3% drop in annual profit (Adds details, updates prices) By Susan Mathew and…

Louisiana Republican Rep. Clay Higgins floated an environmental challenge to President Biden Tuesday – introducing a House resolution calling on the commander-in-chief to live without any petroleum products."American innovation, not…