Oil and gas company Tullow Oil is considering its options, including an appeal, following a court judgement ordering it to pay a fee to Seadrill over an early r......

Al Yasat, a subsidiary of the Abu Dhabi National Oil Company (ADNOC) has awarded an engineering, procurement and construction (EPC) contract for the full develo......

Eni announced Monday a second oil discovery in the Fagur Basin in the Egyptian Western Desert.    SWM B1-X was drilled 4 miles away from the first dis......

Long dominated by deals struck in secret, the $230 billion liquefied natural gas industry is slowly seeing light as global traders push for more transparency in......

Egdon Resources PLC has announced the submission of a new planning application for the development of the UK onshore Wressle oil field to North Lincolnshire Cou......

China National Petroleum Corp (CNPC) is expected to sign a preliminary agreement with Abu Dhabi National Oil Co (ADNOC) later this month to invest in&......

TEHRAN and DUBAI (Bloomberg) -- Iran will stop oil exports from the Strait of Hormuz, the world’s most important oil chokepoint, if the U.S. succeeds in halting......

LONDON and KUWAIT (Bloomberg) -- Saudi Arabia told OPEC it pumped about 10.5 MMbopd last month as the kingdom sought to cap rallying prices by ramping up output......

President Donald Trump said Thursday the U.S. could soon impose tariffs on more than $500 billion in Chinese imports, about the amount of total goods the U.S. i......

U.S. oil major Chevron on Wednesday revealed its plans to sell its UK Central North Sea fields.    In an email sent to Offshore Energy Today, a Chevro......