It would be a move that forsakes decades of state monopoly.

ExxonMobil, operator of the Stabroek Block offshore Guyana, on Monday reported an oil discovery at the Uaru exploration well, located near the producing Liza field.

The expansion would more than double the amount of crude traders could store at Fujairah, the world's second-largest refueling port.

DORIS will provide engineering services for BHP and PEMEX's Trion project.

Iraq's Al-Ahdab oil field resumed production about a week after operations halted there due to protests by security guards amid unrest in one of OPEC's biggest producers.

The world's largest energy traders enjoyed one of their best ever years in 2019.

Lundin Petroleum AB has proposed to change its name to Lundin Energy AB following the launch of a decarbonization strategy.

Robust FPSO market growth is cause for celebration but presents significant challenges as well.

Eni revealed Monday that a gas and condensate discovery has been made in the Mahani exploration prospect in the Area B Concession of Sharjah (UAE).

The United States has dropped two rigs since January 17, 2020, and 265 rigs since January 25, 2019.

Oil tumbled on fears China's deadly coronavirus will crimp demand.

WTI and Brent crude oil prices faltered again Friday.

This photo shows the Seadrill-operated West Bollsta harsh-environment rig, which will mobilize on the Norwegian Continental Shelf. PHOTO SOURCE: Semco Maritime.

British prosecutors told a London jury that Iraqi oil bosses were wooed by shopping trips, cash and offers of new TVs from businessmen seeking lucrative contracts.

After 17 years at the helm, Don Santa is retiring as president of the Interstate Natural Gas Association of America (INGAA).

U.S. Treasury Secretary Steven Mnuchin called it "a tax on hard working people."

Attempts to make Big Oil pay for climate change may be impossible.

The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort to clamp down on the Islamic Republic's revenue sources.

Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.

Equinor announced Thursday that the world's first carbon-free ammonia-fueled supply vessel is on the drawing board.