Saudi Arabia has raised oil exports and the United States is considering releasing crude from its strategic reserves as...

BP Plc officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico...

Petrofac, the international oil & gas service provider, has been awarded a US$330 million lump-sum engineering, procurement and construction...

Angolan state-owned oil giant Sonangol has pulled out of Iran due to stringent new sanctions imposed on the Middle...

Statoil announced on February 17 that the partnership had encountered indications of natural gas in the Zafarani exploration well...

Total, operator of Block OML138, announces the start-up of production of the offshore Usan field in Nigeria, in line...

A consortium led by private equity firms Apollo Global Management (APO.N) and Riverstone Holdings struck a $7.15 billion deal...

Oil traded near a nine-month high after United Nations inspectors in Iran were denied access to a suspected nuclear...

U.S. oil and gas producer Apache Corp. (APA) has reached a deal with Egypt to expand its oil and...

Iran has stopped selling crude to British and French companies, the oil ministry said on Sunday, in a retaliatory...