Element plans to process U.S. shale oil, which is a type of light crude that older refineries in the country are not ...

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

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...