Dan Ammann says ExxonMobil is finding better ways to unlock more of its known resources, through a 'production line' approach ...

By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.

Graeme Bagley highlights Guyana-Suriname as focal point, but notes drop in volume of 3D data being acquired globally ...

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...

Distillate fuel inventories grew by 3.9 million barrels from the previous week. Crude oil imports increased by 98,000 bpd, averaging 5.9 million bpd. Over the past four weeks, crude oil imports ...

Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Devon Energy has ...

NEW YORK, Feb 27 (Reuters) - Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trump revoked a licence granted to U.S. oil major Chevron (CVX.N ...

Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns Iranian exports could fall, reducing supply in an already tightening market. Brent crude futures hit $80 ...

Previously the company had pledged to reduce output to 2m barrels of oil per day, but on Wednesday ... such as Shell, Exxon Mobil and Chevron, which have made more modest climate commitments.

The price of Brent crude oil futures for April on the ICE Futures exchange grew by $0.23 (0.31%) to $73.25 per barrel by 09:25. Following the trading on February 25, April’s Brent crude futures fell ...

The Secretary-General of the Organisation of the Petroleum Exporting Countries, Mr Haitham Al-Ghais has tasked Africa to unlock its proven oil y of over 120 billion barrels. Al-Ghais ...

The firm said it plans to increase its production to between 2.3 million and 2.5 million barrels of oil per day by 2030, with hopes of "major" oil and gas projects starting by the end of 2027.