Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europe’s largest oil and gas ...

BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors ...

LONDON, March 20 (Reuters) - Private equity group Carlyle (CG.O), opens new tab is seeking a buyer for its Colombian oil producer SierraCol for around $1.5 billion, according to people with ...

WTI crude recently dipped below $70 per barrel, marking its lowest point since December, with Brent crude following a similar trajectory. Investor sentiment remains uncertain as traders assess ...

Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several ...

CALGARY, AB, March 10, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce a ...

One person was taken to hospital and 36 other mariners were rescued. No one is thought to be unaccounted for from either vessel. Jet fuel is spilling into the North Sea, however. Swedish tanker ...

Piling pressure onto a Canadian economy already suffering disruption due to new U.S. tariffs and threats of an all-out trade war, China on Saturday imposed new levies against $3.7-billion worth of ...

PETALING JAYA: The RM600mil allocation for the government’s Cooking Oil Price Stabilisation Scheme (COSS) is set to help Malaysians weather the tough times during the Covid-19 pandemic.Domestic ...

U.S. policymakers have been concerned about the country's dependence on imported energy since World War II. Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices ...