U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday, citing ...

Tengku Muhammad Taufik Aziz highlights the challenges faced by the O&G industry, today's shrinking margins, and the need to ...

The oil and gas (O&G) sector is expected to show strong earnings momentum this year driven by robust domestic upstream ...

Find insight on Brookfield Renewable Partners, Exxon Mobil, Petronas and more in the latest Market Talks covering Energy and ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its ...

Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips. The rights relate ...

Families of the more than 120 men killed when an oil rig capsized 45 years ago were failed by official investigations, a new study has concluded. The Alexander Kielland platform was being used as ...

Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operation costs ...