U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...

Oil and condensate reserves increased by 592 million tons and natural gas by 708 billion cubic meters, surpassing the ...

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely ...

I’ve spent a lot more money on products that do a lot less. And I was very hesitant to buy something so inexpensive as I ...

The images, shot just after 1200 GMT, showed flames shooting up into the sky in several spots. Oil tanks at the facility stood burned, covered in soot. Thick plumes of black smoke towered over the ...

The images, shot just after 1200 GMT, showed flames shooting up into the sky in several spots. Oil tanks at the facility stood burned, covered in soot. Thick plumes of black smoke towered over the ...

DUBAI, United Arab Emirates (AP) — Fighting around Sudan ‘s largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending ...