OPEC is pumping, oil prices are falling, shale producers are pulling up rigs. Our experts explain how to profit from the ...

EOG Resources was awarded a new onshore oil exploration concession for Unconventional Onshore Block 3 in the United Arab Emirates, where it expects to begin drilling in this year's H2.

Indonesian President Prabowo Subianto inaugurated two offshore oil and gas projects on Friday, hailing them as a milestone to reaching energy self-sufficiency. The $600-million projects operated by ...

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Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans to make a takeover bid for MEG Energy Corp. that ...

Strathcona Resources has sold all of its Montney assets for about C$2.84 billion ($2.03 billion) and acquired Hardisty Rail Terminal as part of its "core area consolidation" strategy, the Canadian oil ...

Several projects are underway to position Mozambique as a leading force in Africa's oil and gas industry. Key initiatives ...

Devon Energy is selling its Matterhorn Express pipeline stake for $375 million, with I Squared, MPLX, and Enbridge acquiring ...

US Will Revise Biden-Era Offshore Oil and Gas Bonding Rule (Reuters) -The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in ...

Royalty holders are paid first from production revenue at a pre-agreed percentage. Net revenue interest is calculated by subtracting royalty payments, then dividing what remains by working ...

Gas price in the Ten Towns area will fall by almost 12% in April. The announcement comes with a number of measures aimed at transitioning from oil and gas to renewable energy. The energy giant has ...

The speedy permitting policy opens the door for the U.S. to expand oil and gas projects and for Mr. Trump to make good on his promise to "Drill, baby, drill" — a common refrain on his campaign ...