Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...

Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve ...

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.

Read here for an analysis of Diamondback's merger with Endeavor and potential dropdown transaction with Viper in Permian Basin, expected to boost production.

Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to ...

Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural ...

By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...

Guyana production for Hess surged by 52% in the fourth quarter to 195,000 barrels per day of oil, the US operator revealed ...

U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...

With oil majors gearing up to publish their fourth quarter results in the coming weeks, investors will be looking to see if ...

Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.