In EIA’s forecast, increasing oil production outpaces annual oil demand growth. Rising inventories globally will result in ...

On May 6, on a call to discuss first-quarter earnings and operations, the to-be chief executive told analysts not to expect ...

The deal, signed with “a major Asian energy company,” will see Commonwealth supply 1 million tpy of LNG for 20 years, the company said in a release May 5.

This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.

Petrobras began commercially operating the complex’s second 10.5-million cu m/day processing train, bringing the Boaventura ...