The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

The two-part agreement, with Equinor Brasil Energia Ltda., will see Prio Tigris, a subsidiary of Prio SA, acquire 40% and operatorship of Peregrino in the first part, and an ...

KMG's oil production at Tengiz decreased due to scheduled repairs. Production at Kashagan also dropped, primarily due to ...

KazMunayGaz and CNOOC International will search for hydrocarbons in an area whose proximity to a world-class oil asset has ...

Ironically, although carbon dioxide surrounds us, it’s hard to find it in concentrated form. Oxy for years has pumped CO2 out ...

Suezmax rates are set for a boost as China resumes imports of Caspian Pipeline Consortium (CPC) blend crude oil from ...

Contract covers construction of units at a gas-to-polymers plant that will take feed gas from the Chevron-led Tengiz oil ...

Study authors seek to attribute climate damages to individual corporate polluters in order to hold them accountable.

At 08:10 ET (12:10 GMT), Brent Oil Futures expiring in June fell 1.2% to $65.70 per barrel, while West Texas Intermediate WTI ...

Kazakhstan’s newly appointed Energy Minister Yerlan Akkenzhenov, in comments made to Reuters on April 24, signalled that ...

Crude oil futures traded marginally higher on Thursday morning after witnessing more than 2 per cent decline on Wednesday.