Enbridge Inc.'s proposal to convert its Mainline crude pipeline network to long-term contracts is hitting a fresh round of opposition.

OPEC+ stands ready to take appropriate actions, if and when necessary, to maintain oil market stability.

Hurricane is not aware of any subsurface, operational or commercial reasons that would have caused the recent weakness in the company's share price.

Saudi Basic Industries expects earnings to come under further pressure this year from sluggish economic growth and an oversupply of petrochemicals.

Oil extended its recovery from a virus-induced slump as a report showing a drop in U.S. crude inventories, a rebound on Wall Street and speculation OPEC+ will step in to prop up prices reassured investors.

The recent WTI and Brent losing streak failed to continue for a seventh day.

BP's outgoing CEO Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change.

The expansion would almost triple to 890,000 barrels a day the shipping capacity on the line.

Adnoc is seeking to sell as much as 49 percent of the business through a lease structure.

Halliburton reported that it has won seven drilling and completion services contracts for the next phase of the Ichthys field development.

Neptune is the largest offshore gas and oil producer in the Dutch sector of the North Sea.

Bristow Group and Era Group have entered into a definitive agreement to combine the two companies in an all-stock transaction.

A new project will test whether mental exercises can improve offshore safety and reduce burnout among offshore energy workers.

Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organizations in France for not doing enough to reduce its carbon emissions and fight global warming.

According to a new study from Rystad Energy, the UK led the world in cutting the cost of its offshore oil and gas production.

It's almost as if the last decade never happened for investors of Exxon Mobil Corp. shares.

Tina Bru has been appointed as the new minister of petroleum and energy in Norway, replacing Sylvi Listhaug.

Oil steadied after closing at the lowest level since mid-October as the deadly coronavirus wreaked havoc on China's economy and threatened to crimp worldwide energy demand.

For the fifth consecutive trading day, West Texas Intermediate (WTI) and Brent crude oil prices finished lower.

Eni S.p.A. reported Monday that it has signed a long-term supply agreement with Nigeria LNG.