The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March ...

WTI crude oil (CLJ25) today is up +0.50 (+0.75%), and April RBOB gasoline (RBJ25) is up +0.0042 (+0.20%). Crude oil prices ...

STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results ...

China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific self-reliance and innovation.

BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...

Industry experts are challenging US Energy Secretary Chris Wright’s claim that shale producers can profitably boost output at ...

Commercial crude stocks are seen rising by 1.2 million barrels to 435 million barrels in the week ended March 7, according to the average estimate of 10 analysts and traders. Eight expect an increase ...

The fallout from the North Sea oil tanker collision on March 10 may have you reflecting on other significant man-made environmental disasters ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved ...

Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes ...

The number of oil rigs in the US held steady in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil was unchanged at 486, while gas lost ...