Russia offered yet another explanation for why its oil production may exceed its OPEC+ target for November.

Siemens AG aims to shed about 75% of its struggling power and gas unit in one of the most radical moves to date by CEO Joe Kaeser to untangle the sprawling conglomerate and try to boost its valuation.

International oilfield services provider Petrofac Limited announced Wednesday that it has entered into the world's largest producing basin with the acquisition of W&W Energy Services.

Reliance Industries Ltd, run by Asia's richest man Mukesh Ambani, has eclipsed BP to break into an elite club of energy supermajors.

Exxon Mobil Corp. had the outlook on its top-notch debt rating lowered by Moody's Investors Service Inc. to negative due to a 'substantial' cash burn to fund growth.

Xu Keqiang has been appointed as CNOOC Limited's new chief executive officer, effective immediately.

Petrobras is on track to become the world's largest oil producer among publicly listed companies by 2030, according to Rystad Energy.

Oil held losses near a 2-week low on signs of swelling American crude inventories.

Oil drops the most in seven weeks as American crude stockpiles are forecast to rise and U.S.-China trade talks stall.

California intensified its battle against fossil fuels by halting new permits for a key production technique following leaks at a Chevron Corp. facility in an area that has pumped crude for more than a century.

One of the largest investors in Encana Corp. said it will vote against the Canadian oil producer's plan to move its headquarters to the U.S.

The JV will help customers adopt scalable AI solutions for the energy industry that promote safety, reliability, and sustainability.

ConocoPhillips revealed its 10-year plan on Tuesday, which exhibits a commitment to capital discipline while providing higher returns to shareholders.

ConocoPhillips revealed its 10-year plan on Tuesday, which exhibits a commitment to capital discipline while providing higher returns to shareholders.

The company expects to have enough cash to pay all employees during the process.

The views of the three big oil forecasting agencies on changes in inventory levels next year have diverged over the past month, as the outlook from two of them becomes slightly more positive for producers.

Ships hauling everything from iron ore to coal and grains are struggling to obtain the fuels they need to test them in time for the start of sweeping environmental legislation.

The New York city area may boast the largest share of personal income in the U.S. but pay is growing the fastest in the much smaller oil-boom towns of Odessa and Midland.

CGG announced Tuesday a program to deliver 'the largest OBN multi-client survey ever conducted in the UK Central North Sea'.

The European Investment Bank will end financing for fossil fuel energy projects from the end of 2021.