TotalEnergies and its partners in Block 9 have signed an agreement with the government to enter the adjacent Block 8 around ...

The Spanish utility fully energized a 1,600-kilometer transmission line between the north of Minas Gerais state and Sao Paulo ...

The OPEC Secretariat has received updated compensation plans from Iraq, the United Arab Emirates, Kazakhstan, and Oman.

Ukraine overnight targeted three drilling platforms in the Caspian Sea owned by Russian oil major Lukoil in the latest move ...

Around 30 percent of global oil reserves might be consolidated under U.S. influence, J.P. Morgan analysts stated.

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading ...

The Trump administration is unlikely to provide financial support to help U.S. oil companies revitalize Venezuela's oil ...

Summing up, the Rystad analysts noted in the update that $183 billion of oil and gas investment is needed over a 15-year ...

The power transmission and distribution operator said it would launch an eight-week public consultation for its new plan for ...

Saudi Arabia dropped the price of its flagship crude grade to Asia for a third month on persistent signs of oversupply in the ...

President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the United States.

The updated midpoint of recoverable resources for the primary reservoir is towards the high end of our previously ...