U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Riley's credit facility maturity was extended by more than two years, and it received a $25 million borrowing base increase.

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Brazilian state-run oil giant Petrobras said on Wednesday it has signed a memorandum of understanding seeking to cooperate ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The oil fields, with fully operational production infrastructure, comprise 38,301 acres onshore Brazil, Potiguar basin, adjacent to Petro-Victory's existing assets. Current production is 250 b/d “with ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Uganda discovered commercial reserves of petroleum in the Albertine rift basin near its border with the Democratic Republic ...

Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...

Delta State government will not allow oil companies operating in the state to oppress their host communities, neither will it tolerate host communities disrupting oil production.The state governor, Rt ...