Evolution Well Services has landed a 24-month deal providing electric fracking services to an unnamed onshore oil and gas producer beginning this quarter.

OPEC and its allied producers might be cutting output, but incremental non-OPEC production and demand doubts are likely to prevent oil benchmarks from overshooting current trading ranges.

Saipem reported Monday that it has signed a license agreement to test a new technology for the disposal and reuse of plastics.

Execs from the Al Dhafra joint venture commemorate first oil from the Haliba field in this ADNOC photo from July 2019. PHOTO SOURCE: ADNOC

Somebody big has got their analysis of the 2020 oil market flat wrong.

Libya's eastern warlord kept virtually all of the nation's oil fields shut in a show of defiance after world leaders failed to persuade him to sign a peace deal.

Panhandle Oil and Gas Inc. has revealed that Chad L. Stephens has been approved as the new chief executive officer of the company.

Global exploration is poised for an upswing as operators flock to licensing rounds, according to Rystad Energy.

An obscure part of the global marine-fuel market, once viewed as having little value for most shippers, is about to have its day.

Oil jumped back above $65 a barrel as supply disruptions in Iraq and Libya reignited concerns over the market's vulnerability to geopolitical risk in key production regions.

WTI and Brent crude oil futures posted small gains Friday but are down slightly for the week.

Train 2 at Freeport LNG has begun commercial operations, engineering and construction contractor McDermott reported Friday.

The U.S. rig count increased for the first time this year as the nation added 14 oil rigs and one gas rig.

Angola's ailing oil industry got a shot in the arm this week, with Eni SpA and Total SA both showing their commitment to the OPEC producer.

Schlumberger posted a $10.1 billion loss in 2019 amid North America land market weaknesses.

Top executives at China's leading energy companies are set for a power shake-up as the nation takes steps to reorganize and revamp its leadership and energy infrastructure.

BP announced this week that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.

PM Justin Trudeau's bid to complete the Trans Mountain oil pipeline won a major victory Thursday as Canada's top court rejected an appeal brought by British Columbia aimed at challenging the project.

Oil is headed for a weekly drop amid persistent demand concerns.

Many oil and gas companies face serious decisions regarding their short and mid-term plans in Iraq, according to Rystad Energy.