Mexico’s Petroleos Mexicanos aims to balance its budget by 2021 and reverse a decade and half of declining crude production as early as next year.
Technological and cultural trends are changing the landscape of fuel retail.
A group of Permian Basin energy companies will donate $16.5 million to help open 14 schools in Midland and Odessa by 2025.
Energy Transfer LP is weighing the sale of its 33 percent stake in a conduit that carries Appalachian natural gas to customers across the Midwest, according to people familiar with the matter.
Equinor revealed Tuesday that production has now started from the Trestakk subsea field on Haltenbanken in the Norwegian Sea.
Oil held losses below $60 a barrel after the biggest decline in almost two weeks.
Turkey rebuffed a set of punitive measures by the European Union and vowed to go ahead with its energy exploration in the eastern Mediterranean.
OPEC+ cuts will need to be extended through 2020 just to keep the market in balance, according to Jefferies.
WTI and Brent crude oil prices edged downward Monday.
Approximately 69.08 percent of oil production in the Gulf of Mexico was shut in as of Monday due to Tropical Storm Barry.
Chevron is seeking approval to modify its plans for a LNG export facility on Canada’s Pacific Coast to an all-electric design.
Total and Oman Oil aim to establish the Middle Eastern country as a regional LNG bunkering hub.
Oil and gas companies that supply Europe’s biggest energy market fuels for cars, trucks and heating may be soon be required to pay for carbon pollution allowances.
Total has secured the Deepsea Stavanger for more Block 11B/12B drilling.
U.S. independent Callon Petroleum Company will acquire Houston-based Carrizo Oil & Gas, Inc. in an all-stock transaction valued at $3.2 billion.
Apollo Global Management is weighing an investment in oil producer Sanchez Energy Corp.’s debt, according to people with knowledge of the matter.
The U.K. will facilitate the release of the tanker if it receives guarantees that it will not be going to Syria, Foreign Secretary Jeremy Hunt says.
Polish Oil and Gas Company acquires a stake in another gas field in the North Sea.