Pictured is a rendering of the alkylate facility Clough is building in Pasadena, Texas. IMAGE SOURCE: Clough

Banks have begun trimming back the credit lines of America's shale producers.

Oil services investment company Akastor has appointed Oyvind Paaske as its new chief financial officer.

The UK Labour party has pledged a 'windfall tax' on oil companies in its latest manifesto.

Oil pared its third weekly advance as investors monitor developments in the U.S.-China trade war that has sapped demand.

WTI and Brent crude oil futures showed significant upward momentum Thursday.

NuStar Energy L.P. has kicked off its binding open season for expansion of its Midland Trunkline within its Permian crude system.

Four liquefied natural gas export projects were cleared by the top U.S. energy regulator in a single day as a global supply glut casts doubt on whether they all will actually be built.

The work scope includes project management, engineering and offshore execution involving six anchor handling tug supply and subsea support vessels. (PHOTO SOURCE: Maersk)

Nearly 50 percent of LNG contracts worldwide are indexed to the Japan Crude Cocktail price.

Two brothers hit pay dirt during the shale boom when they sold their Texas fracking company in 2011 for $3.5 billion. But many of their more recent investments in the Permian have turned to dust.

India launched its biggest privatization drive in more than a decade.

Oil & Gas UK is challenging the UK to put its energy knowledge to the test as part of a new educational campaign.

OPEC+ seems 'increasingly likely' to retain its production targets at its next meeting, according to a new research note from Jefferies.

Billionaire John Fredriksen steps down as chairman of Seadrill.

Oil eased after the biggest increase in more than two weeks as investors monitor developments in the U.S.-China trade war.

Oil jumps the most since the first of the month as American crude stockpiles at a key storage hub shrank by the most since August.

The price of Canadian heavy crude weakened Tuesday as a worker strike at the nation's largest railway curbed oil shipments, exacerbating a supply glut that's crippled Canada’s oil industry.

Pony Express plans to build 25 miles of new 12-inch pipeline from the Hereford origin to the new origin point in Wyoming.

Next Wave Energy Partners, LP has made a positive final investment decision to build a new alkylate production facility in Pasadena, Texas.