U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...

Colombia's state oil firm Ecopetrol is planning to cut some 1 trillion pesos ($232 million) in costs and expenses and ...

Harbour Energy, a critic of the windfall tax, claims a "punitive" fiscal regime is harming profits and investment.

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

Russia's budget proceeds from oil and gas sales fell by around 12% in April compared to the same month last year, the finance ...

Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the U.S., tensions ...

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

ExxonMobil is committing $1.5 billion to deepwater oil and gas exploration in Nigeria, reflecting its confidence in the ...

Tamarack Valley Energy's Q1 2025 results show strong production growth and a competitive adjusted netback. The company ...

House Republicans have added a provision to their sweeping tax cut package that would authorize the sale of thousands of ...

Norway plans to expand its oil and gas production through new licensing rounds, bolstered by parliamentary support despite ...