In a strategic move to bolster India’s energy security, Reliance Industries, BP Plc, and state-run Oil and Natural Gas ...

Highlights Plan to Restore Accountability and Deliver Results to Reverse the Current Board’s Failures Presents Shareholders ...

U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration ...

The initiative seeks to enhance production capabilities and increase recoverable reserves by an estimated 12mbbl.

One of the oil market’s dirtiest fuels is giving many refiners’ margins a boost as the industry contends with a weaker demand outlook.

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

HSBC revised down its Brent crude price forecast on Tuesday, citing rising trade tensions and an expected reduction in global oil demand. The bank cut its Brent price forecast to $68.5 per barrel for ...

Shell signed a contract with Bulgaria's government on Tuesday giving the oil major rights to explore for oil and gas in a field in the Black Sea.

Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by ...