The WTI edged upward and the Brent moved closer to the psychologically significant $75 mark.

The ruling requires the Interior Department to immediately restart leasing while legal challenges to the ban continue.

Environmental, social, and corporate governance (ESG) scoring metrics lack consistency and clarity, University of Chicago researchers found.

Equinor has awarded a Schlumberger-Subsea 7 partnership a contract for its Bacalhau project. IMAGE SOURCE: Schlumberger

The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible through Friday June 18.

Europe is so short of natural gas that the continent is turning to coal to meet electricity demand that is now back to pre-pandemic levels.

Proserv Controls has announced the acquisition of the trade and assets of Dron & Dickson Electromechanical Contracting (DDEC) LLC.

A federal judge has blocked the Biden administration's suspension of new oil and gas leases on federal land and waters.

SPE Offshore Europe's live event has been postponed, the show's organizers have announced.

Oil extended a powerful rally, with global benchmark Brent closing in on $75 a barrel.

ADNOC Sour Gas has awarded Saipem a contract to expand the Shah Sour Gas Plant. PHOTO SOURCE: ADNOC

Oil climbed as a chorus of prominent traders in the crude market said prices will continue to rise.

The drilling contractor's shares have gained 75% this year.

Governor Greg Abbott signed a bill into law on Monday banning state investments in businesses that cut ties with the oil and gas industry.

McDermott International has received two engineering, procurement, construction, and commissioning contracts from Indian Oil Corporation Limited.

Sound Energy has entered into a sale and purchase agreement with Schlumberger Holdings II Limited to buy the entire issued share capital of Schlumberger Silk Route Services Limited.

Petrofac has announced that it has made a senior UK appointment to support the continued growth of its offering in the new and renewable energy sectors.

Conditions are ripe for an oil price boom during the next two years, according to BCG.

Oil traded above $71 a barrel as investors weighed the outlook for rising demand against extended anti-virus curbs in some economies.

It will be the eighth FPSO to operate in the Buzios field. PHOTO SOURCE: Andre Ribeiro/Petrobras Agency