The EIA now sees the WTI spot price averaging $63.88 per barrel in 2025 and $57.48 per barrel in 2026, according to the STEO.

The U.S. Department of the Interior announced a 'significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf'.

Trio Petroleum Corp. has closed its acquisition of certain petroleum and natural gas properties held by Novacor Exploration ...

Fuel shipments from Texas headed to Mexico have ground to a halt as the Mexican government cracks down on imports over tax ...

Nabors Drilling Technologies has extended its strategic alliance with Corva AI aiming to expedite the digital transformation ...

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

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

Adnoc has been among the most active dealmakers globally over the past year, buying assets from the US and Europe to Africa.

The level of support by the President of the United States and his administration for the development of critical energy ...

Perenco said it has successfully completed the United Kingdom’s (UK) first carbon dioxide (CO2) injection test for carbon ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

The U.S. Energy Information Administration cut its Brent spot price forecast for 2025 and 2026 in its latest short term ...