A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in ...

But the Gulf of Mexico is quietly making a crude oil comeback thanks to new technologies and cost efficiencies utilizing ...

As world demand for energy continues to rise, bp is off to a quick start this year, with the safe start-up of three major ...

It was a week when oil prices jumped broke its losing streak, while natural gas futures continued the southward journey. The ...

The Conservatives' plans for the Atlantic coast not only threaten to upend the country's pursuit of emissions reductions, but may also be a bad deal financially as the world transitions away from ...

The Federal Government has vowed to continue to encourage the development and sustainability of oil and gas local content production.The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, ...

Chevron on Monday morning announced it has started oil and natural gas production from its Ballymore project off the ...

Chevron (NYSE:CVX) said Monday it started oil and natural gas production from the Ballymore subsea tieback in the deepwater U ...

Norwegian company says reserves and quality of discovered oil are sufficient to underpin four development wells offshore ...

Adnoc Gas has kicked off an early engagement process for selecting leading engineering, procurement and construction (EPC) ...

Most active June RBOB futures gained 0.5ct to $2.079/gal and the front-month May RBOB rose 0.3ct to $2.087/gal. June ULSD was 0.3ct higher at $2.0840/gal and May ULSD inched up 0.5ct to $2.1275/gal.

The increase of $100 million in commitments will support the Company's continued growth, particularly in large horsepower and ...