WTI and Brent crude oil prices recovered somewhat Monday after plunging toward the end of last week.

Two oilfield services companies have conducted layoffs in Texas, according to notices received by the Texas Workforce Commission.

Apache Corp. plunges after the company's update on a closely watched exploratory oil well off the coast of Suriname offered little indication as to whether it will be commercially viable.

Cameron LNG loads the first commissioning cargo from Train 1 of the export project in Hackberry, La., on May 28, 2019. PHOTO SOURCE: Sempra Energy.

Canada's struggling oil-sands industry has a plan to cut costs while exporting more of their crude: make it even heavier.

CNR International Ltd. has awarded KCA Deutag a five-year contract extension for three platforms operating in the U.K. North Sea, KCA Deutag reported Monday.

OPEC is making another bold gamble on America's oil revolution: that its golden age is over.

The world's biggest natural gas exporter and one of the globe's top consumers of the fuel cemented their energy cooperation on Monday.

Rick Perry has officially left his U.S. Secretary of Energy post after announcing his resignation back in October.

Equinor has revealed that its two workers injured on the Heimdal platform recently are not in a life-threatening condition.

The U.S. solidified its status as an energy producer by posting the first full month as a net exporter of crude and petroleum products since government records began in 1949.

Oil rebounded from the biggest weekly loss since October as Iraq signaled OPEC+ will consider deeper output cuts at its meeting this week.

Saudi Aramco's IPO has drawn total bids of 166 billion Saudi riyals ($44.3 billion) so far from institutional and retail investors.

Babcock has secured a new three-year contract to provide Serica Energy with offshore helicopter crew transport services.

For the last year, Saudi Arabia has largely turned a blind eye to cheaters within the OPEC+ alliance. Now, it's had enough.

Equinor revealed Friday that two of its employees were injured in a 'serious' work-related incident on board the Heimdal platform in the North Sea on November 28.

Oil is heading for a fourth weekly gain before a key OPEC+ meeting next week that will set the path for future production cuts.

Libya restarted production at a key oil field after clashes between rival fighters forced a temporary halt.

Fires were still burning at a Texas chemical plant after multiple explosions injured three workers and forced residents of Port Neches to evacuate.

China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030.