The latest casualty? BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1, marking another ...

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

For the first time in history, fossil fuels supplied less than half of the United States' electricity generation for an ...

Former Guyanese finance minister Winston Jordan is advising the government to consider hedging its oil production against ...

ADNOC Drilling has secured a major $806 million contract from ADNOC Offshore for three new-generation island rigs to support ...

The acquisition follows Sunoco’s recent spending spree, including its January 2024 acquisition of NuStar Energy—finalized in ...

Subsea Integration Alliance—comprising SLB OneSubsea and Subsea 7—has landed a sizable contract with BP under its global ...

Morgan Stanley has joined other major investment banks in reducing its oil price forecasts, citing expectations of a larger ...

Saudi Arabia and India are facing challenges in initial talks regarding Saudi investment in Indian refineries, primarily due ...

US crude oil supply growth is projected to slow and peak as early as this year, with lower oil prices impacting shale ...

Goldman Sachs has further reduced its oil price forecast for this year and next, following OPEC+'s decision to increase ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...