By 2040, even OPEC, which has long underestimated North American shale, has U.S. crude output going above 17 million b/d.

PBF acquired the Bay Area refinery and inventory for $1.2 billion.

The UK's subsea engineering industry is set to create 8,928 jobs in the next three years, according to the findings of a new report by industry body Subsea UK.

Ocean Infinity has announced the launch of a new, 'pioneering' marine technology and data company called Armada.

RockRose has signed an agreement to acquire 100 percent of the equity of Speedwell Energy (1) Limited, which holds a 100 percent interest in the Cotton gas field in the UK sector of the Southern North Sea.

BP's fourth-quarter profit beat analyst estimates and the company increased its dividend slightly.

Oil climbed before OPEC and its allies gather Tuesday for an urgent meeting to assess the impact of the coronavirus on global demand.

The line expansion is a major project for the Canadian oil industry, which has been hurt by a lack of pipeline capacity.

Oil extended the worst start to a year since 1991.

Russia signaled for the first time it was open to Saudi Arabia's push for an emergency meeting.

The deposit could meet the country's entire gas demand for nearly three decades.

KBR has won a major project management consultancy (PMC) services contract from Abu Dhabi National Oil Co. (ADNOC).

Management will focus on the growth and expansion of the Gemini Carthage Pipeline.

Talos Energy has contracted an ultra-deepwater drillship and a platform rig.

The cold weather has simply not arrived.

Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.

The temporary production halt from the Bruce, Keith and Rhum fields has been described by a Serica Energy spokesperson as a 'relatively small, short-term setback'.

According to public filings, the oilfield services company has received the green light from shareholders.

GlobalData predicts the strong relationship the U.K. oil and gas industry enjoys with partners in the EU should continue.

American Petroleum Institute President and CEO Mike Sommers has applauded the signing of the U.S.-Mexico-Canada agreement at the White House.