BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...
Shell writes down Namibia oil discovery in blow to country
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...
Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast
President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across ...
Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it
Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of ...
US oil imports from Canada hit record ahead of tariff threat, EIA data shows
U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...
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ANWR oil lease sale draws no bids
A sale to drill on the Arctic National Wildlife Refuge yielded no bids this week, the Interior Department announced — capping ...