The plan aims to close one of the most common means of avoiding sanctions: the ship-to-ship transfers at sea of crude, refined petroleum products and bulk goods.

Industry advocates say methane-emissions intensity in the Permian is not as bad as it looks.

Oil approached $61 a barrel for the first time in more than three months as strengthening outlooks for manufacturing and trade buoyed demand prospects.

Equinor’s new Aasta Hansteen platform. Photo by Roar Lindefjeld and Bob B. Randulff. Photo copyright Equinor.

China is breaking records for crude oil imports and isn't likely to stop soon.

Shares in Aramco fell, losing ground for the first time since the oil giant's record initial public offering last week.

Weatherford International has completed its financial restructuring and emerged from chapter 11 protection.

Independent energy producer WPX Energy will purchase Felix Energy for $2.5 billion.

Oil held gains above $60 a barrel on optimism that cooling trade tensions between the U.S. and China will spur demand.

Are projections of global oil demand peaking pure speculation?

WTI and Brent crude oil futures posted modest increases Monday, and the benchmarks are up for the third consecutive trading day.

Total reported Monday that it plans to acquired interests in two offshore Angola licenses and aspires to develop a new production hub in the country's Kwanza Basin.

U.S. oil refiner Marathon Petroleum Corporation has appointed Jonathan Cohen to its head of directors.

Calgary-based Touchstone Exploration Inc. has made what it's calling a "significant" onshore oil discovery in the Republic of Trinidad and Tobago.

BP reported that its recent three-well drilling campaign offshore Mauritania and Senegal has further confirmed the world-class scale of the region's natural gas resource potential.

An oil tanker was attacked on Sunday in West Africa's Gulf of Guinea and most of its crew were kidnapped.

The UK's latest offshore licensing round generated 'considerable interest', according to the UK's Oil & Gas Authority.

Equinor has awarded new framework agreements for safety and automation systems to five suppliers.

The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on the U.S.

Oil was steady near a three-month high as optimism the U.S.-China trade deal will spur demand for crude was tempered by caution due to the agreement's limited nature and lack of detail.