Oil dropped for a second day on indications American crude stockpiles and shale output will keep expanding.

Oil falls the most in about two weeks from an eight-week high amid dimming prospects for resolution to the long-running U.S.-China trade war.

You'd expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon.

Gulf Keystone Petroleum Limited has appointed Ian Weatherdon as its CFO.

U.S. shale and gas producer Gulfport Energy Corporation has cut staff and suspended its share repurchase program in efforts to cut costs.

The pipeline will have transportation capacity of 2 billion cubic feet per day.

The processing plant will be comprised of two ethylene cracking facilities, each with an annual capacity of 1.4 million tons.

Hedge fund Paulson & Co. Inc. is dropping its opposition to U.S. shale producer Callon Petroleum Company's buyout of rival Permian player Carrizo Oil & Gas.

Hedge-fund managers unwound bets that crude will fall at the fastest pace in 16 months.

BP Trinidad & Tobago has made a gas discovery through the Ginger exploration well.

Oil and gas supermajors are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy.

Oil held gains near the highest close in eight weeks on signs of progress toward a breakthrough in the prolonged U.S.-China trade war.

Saudi Arabia set a valuation target for Aramco's IPO well below Crown Prince Mohammed bin Salman's goal of $2 trillion.

Regardless of control, new investments in finding and producing more oil are required.

WTI and Brent finished higher Friday, also showing week-on-week increases.

Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the standout winners from rules designed to make the shipping industry greener.

The U.S. dropped 10 oil rigs and one gas rig for a net loss of 11 rigs this week, according to data from Baker Hughes Company.

Australian miner BHP has appointed Mike Henry as its new CEO and executive director.

Michael Jennings previously served as HollyFrontier's CEO from 2011 to 2016.

This photo, released in September of this year, shows the newly completed P-68 FPSO at the EJA shipyard in Aracruz, Brazil. PHOTO SOURCE: Sembcorp Marine