CALGARY - The chief executive of oilfield services provider Calfrac Well Services has abruptly resigned a day after the company reported a quarterly loss. Calgary-based Calfrac says Pat Powell ...

DUBAI, March 12 (Reuters) - Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU ...

The current efforts to limit liability in the oil and gas industry are part of a larger pattern of deregulation that has reshaped trucking and oil field work over the past four decades.

OPEC member Iraq will start a new oilfield production within 18 months, more than 3 years ahead of schedule, an oil official has said. Development of Khana field in the Northeastern Diyala Governorate ...

Brazilian independent Prio has started drilling a first development well at the Wahoo pre-salt field in the country’s Campos basin, as the company targets a new date to begin production from the ...

LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United ...

2-Year U.S. Treasury Note Continuous Contract $103.508 0.020 0.02% 5-Year U.S. Treasury Note Continuous Contract $107.969 0.047 0.04% 10-Year U.S. Treasury Note Continuous Contract $111.125 0.125 ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

The agreement includes oil and gas production of more than 3 billion boe and Baba and Avanah domes of Kirkuk oil field and three adjacent fields, Bai Hassan, Jambur, and Khabbaz. bp and the ...

Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns against firm near-term demand.

Production in the White Rose oil field in offshore Newfoundland and Labrador will resume in the coming days, while an expensive satellite project called West White Rose is also on target for ...