The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed rig count increase leading the way.

Goldman Sachs analysts predict Brent ( BZ=F) will fall from an average of about $80 per barrel last year, to $76 in 2025. At ...

Energy sector saw a decline in Q3 compared to the broader market, with individual companies like COP and OXY performing well.

Ukraine attacked an oil refinery in western Russia on Saturday, according to a Ukrainian official and Russian sources. Kyiv struck the Taneco oil refinery in Russia's Tatarstan region, Andriy ...

The dimming outlook for oil prices could lead to capex cuts and lower drilling budgets in 2025 and 2026. “I think a radical change is unlikely because the vast majority, if not everybody ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

Weak oil trading and declining refining margins are expected to lower the fourth-quarter earnings at BP, the UK-based supermajor said on Tuesday, joining other international giants in flagging ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil ...

Oil prices regain momentum at the start of 2025 due to colder weather, falling U.S. stockpiles and additional sanctions on ...

has completed rehabilitation and restarted processing and production activities for Warri Refining & Petrochemcial ... to respectively increase crude oil processing capacity and production of ...

Thursday January 16, 2025 - The new restrictions 'roughly triple the number of directly sanctioned Russian crude oil tankers, enough to affect around 900,000 barrels per day', analysts at Standard ...