In a release sent to Rigzone recently, the U.S. Bureau of Ocean Energy Management (BOEM) announced the “next steps” for the ...

According to its December STEO, the EIA now sees the Brent spot price averaging $80.49 per barrel in 2024 and $73.58 per ...

World markets will be oversupplied by a hefty 1.4 million barrels a day if the group proceeds with plans to revive output ...

Islamic State in Somalia is headed by Abdulkadir Mumin, who formed the offshoot of Islamic State when he left the ...

A brutal cold snap, on top of concerns that the warm-up after it might not be as warm as previously projected, is giving the ...

Exxon Mobil Corp. will raise capital spending next year as it adds the $60 billion purchase of Pioneer Natural Resources Co.

Fourth quarter oil balances are in a deficit. Global oil demand is at record levels, and crude and product stocks are low', ...

In a report sent to Rigzone by the Macquarie team on Friday, Macquarie strategists outlined that they “see potential for a ...

The US already bans imports of Russian oil but new restrictions on the exports of one of the world’s largest producers — ...

The acquisition 'strategically expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region and ...

Events in Syria over the weekend could impact the crude market and increase the geopolitical risk premium on oil prices in ...

The $6.5 billion transaction consisted of producing and undeveloped oil sand, liquid and natural gas properties in Alberta ...