A COURT has ruled that consent given for two UK oil and gas fields was unlawful, but that development of the projects can continue while the government finalises new approval rules. It moves the ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

The bid process covering a floating production, storage and offloading vessel for the third phase of Eni’s high-performing ...

Britain’s two biggest offshore oil and gas developments have been blocked from producing any fossil fuels after a judge quashed their production permits in a row over greenhouse gas emissions ...

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Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...

Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid the ...

Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when offshore block 58 comes online, the IMF has predicted ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...