A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in ...

There is no dearth of crude oil in the world right now. If anything, the world is floating in too much crude. Fears of a significant oversupply in the market had been exacerbated by the Organization ...

Goldman Sachs analysts revealed that they see the Brent oil price falling to under $40 per barrel under one scenario.

WTI crude dropped near $69 after a 6M barrel inventory build. Can demand recover amid geopolitical tensions and rising Canadian imports?

Prices of gasoline and diesel products at domestic fuel stations are to drop NT$0.9 and NT$1.4 per liter respectively this ...

Búzios commenced activities in 2018 and currently operates through five units, namely the FPSOs (Floating Production ... approximately 2 million barrels of oil per day by 2030.

GUYANA’S offshore oil production continues to surge with the arrival of the fourth Floating Production, Storage and Offloading (FPSO) vessel, “ONE GUYANA,” ...

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the ... one in every eight barrels of crude oil ...