Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

Italian Eni company will drill two new gas wells in the Zohr field, according to CEO Claudio Descalzi, as reported by Al ...

Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring ...

Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of ...

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output ...

Vicki Hollub took over as the CEO of Occidental Petroleum in 2016, becoming the first woman to lead a major American oil company. But we’re not here to discuss gender politics. Hollub is Hart ...

Despite new covid cases and a Chinese trade-war scare from White House Economic Advisor Peter Navarro, oil keeps rolling along. The strength in the oil market is based on massive global production ...

The company is Canada’s largest drilling rig contractor, and as such, serves as a barometer for the overall health of the country’s energy sector.

A Finnish court has ordered the seizure of Russian assets in Finland worth tens of billions of euros after ruling in favour of Ukraine's state-owned oil and gas company, Naftogaz. The court's ...

The Super Falcons will host Algeria’s Green Ladies in the second leg of their international friendly today at the Mobolaji Johnson Arena, Lagos, with kickoff now scheduled for 2pm instead of the ...

Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20 million profit, or $1.45 per share, it earned in the third quarter of 2023.

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...