Read the latest news articles relating to the oil and gas industry.
In a rare twist for the desert city, Las Vegas just experienced a historic downpour — and it’s sending much-needed water into Lake Mead. Thanks to a powerful low-pressure system, Las V... Read more
In Counselor, New Mexico, a routine drive home for Billton Werito and his son Amari is a stark reminder of the challenges faced by families living near natural gas operations. On a Tuesday i... Read more
Oil advanced off the back of geopolitical tensions and as OPEC+ hiked production less than some had feared. OPEC+ agreed to surge oil output for the third month in a row, doubling down on a... Read more
Oil has been trading lower ahead of an OPEC+ meeting on output which is expected to lead to another supply hike. Livia Gallarati, Global Crude Lead at Energy Aspects told Bloomberg’s H... Read more
Filipino businessman Enrique K. Razon Jr. speaks during an interview. Bloomberg | Bloomberg | Getty Images Prime Infra, the infrastructure business arm of Filipino businessman Enrique K. Raz... Read more
Britain’s BP appears to be attracting a number of possible buyers for its Castrol lubricants business as the struggling oil giant seeks to fend off a prospective takeover . Energy comp... Read more
By Florence Tan and Michele Pek SINGAPORE (Reuters) -Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the same amount as... Read more
A Russian company said it paid 12 soldiers a combined $195,000 for shooting down an F-16 jet. Fores said it presented the soldiers the cash at a ceremony near the Russia-Ukraine border on Th... Read more
An oil drum with featuring the logo of the Organization of the Petroleum Exporting Countries (OPEC) at the COP29 climate conference in Baku, Azerbaijan, on Wednesday, Nov. 13, 2024. Andrey... Read more
By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,... Read more