Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

Sinopec, China’s largest petroleum and chemical corporation, completely halted all Russian oil purchases in March, while ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

Niger's military rulers have expelled three Chinese oil executives from the country and closed down a Chinese-run hotel, ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

OPEC+ will now increase oil production and exports at President Trump’s urging, increasing oil production by 138,000 barrels ...

Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...

Shell Petroleum Development Company (SPDC) has completed its $2.4 billion asset sale to the Renaissance Group, exiting ...

Trump administration has vowed “maximum pressure” on Iran to disrupt the flow of its oil. Read more at straitstimes.com.

The Texas Senate on Wednesday unanimously approved a bill that would create a task force to combat the escalating issue of petroleum theft in the state.

Alberta’s government is moving ahead with plans to allow oil sands producers to pay their royalties in bitumen, letting it ...