In EIA's latest Short-Term Energy Outlook, the agency projects Brent crude oil prices will decline to an average of $59/bbl in fourth-quarter 2025 from about $68/bbl in August, before falling further ...

Occidental Petroleum Corp. has named senior vice-president and chief operating officer Richard Jackson to succeed Vicki ...

The pipeline project, which still requires federal and state permits, faces opposition from environmental and Indigenous groups.

US Energy Secretary Chris Wright, in Dubrovnik, Croatia, Apr. 28 for the Three Seas Initiative Summit, noted the launch of a new Trump Peace Pipelines Framework that could enable the construction of ...

During the earnings call, CEO Darren Woods said markets have not yet fully reflected the impact of Middle East supply ...

The rig count in Canada is down 7 units to 123 rigs working for the week ended May 1, according to Baker Hughes data. The ...

These international partnerships aim to unlock Venezuela's vast hydrocarbon resources, including natural gas and heavy oil, ...

The Walyering West-1 well drilled to 3,650 m identified gas pay in Jurassic sandstone reservoirs, with plans under way for flow testing and possible integration into existing ...

Executives say they’re not making a big price call by increasing their budget by up to $500 million but are looking to ...

The operator is evaluating Venezuela's infrastructure, fiscal terms, and political stability, aiming to leverage ...

Mike Wirth told analysts that the continued uncertainty around the Iran war’s effect on supply means his team won’t make ...

Lonnie, who has acted in the role since December, said the company's Australian operations this year are focused on ...