Crude prices skyrocketed overnight Thursday into Friday morning as Israel attacked Iranian nuclear and military facilities.

In an escalation of Middle East tensions, Israeli aircraft and drones launched early-morning strikes across Iran on Friday, ...

The 210,000-tonne GSC spent a month at the head of Placentia Bay, Newfoundland, where it was made ready for towing and ...

JERA Co. Inc. finalized 20-year agreements with US operators, announced from the US Department of Energy headquarters in ...

The well will target layers from the Pliocene-Miocene age in the Vinekh prospect and is expected to find natural gas.

The discovery was made at the Faakir-1 exploratory well in the Bitrisim exploration license, Khairpur district, Sindh Province, Pakistan.

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...

ExxonMobil drilled 4-mile lateral wells in the Permian basin which extended to 33,000-ft MD. Well completions consisted of ...

Executives of ConocoPhillips Co., Houston, have reiterated their 2025 production targets even though they’ve trimmed their capital spending budget for the year by $500 ...

JEL has discovered multiple conventional oil, condensate, and gas reservoirs within the block following drilling operations conducted in 2021.

Conglin Xu, Managing Editor-Economics, covers worldwide oil and gas market developments and macroeconomic factors, conducts ...