The new data will help guide the company as it looks to fast-track its discoveries offshore Namibia, where TotalEnergies expects to take a final investment decision (FID) on its Venus field next year.

Washington — Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end ...

ExxonMobil generated an industry-leading $11.5 billion in cash during the second quarter. Chevron plans to pump out an additional $12.5 billion in free cash flow next year. ConocoPhillips expects its ...

Motorists will have to tighten their belts anew this week, as fuel retailers on Monday announced another round of pump price hikes to reflect the sixth straight week of increases for gasoline, and the ...

Have you heard of the Sprengel pump? It’s how they drew hard vacuum back before mechanical pumps were perfected — the first light bulbs had their vacuums drawn with Sprengel pumps, for example. It ...

In a show of confidence in the market, the group, led by Saudi Arabia, said it would begin unwinding a further set of agreed cuts. By Stanley Reed Oil prices rose strongly on Monday even though a ...

Canada’s major oil sands producers are boosting crude production even if they aren’t starting up new projects. The secret sauce appears to be reducing maintenance times and extending maintenance ...

<p>New Delhi: Indian Oil Corp. (IOC), the country’s largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing pumps ...

WASHINGTON (AP) — President Donald Trump on Monday declared the “12 day war” between Israel and Iran was set to end in a ceasefire, holding the announcement out as validation for his strategic gamble ...

Oil companies across Pakistan have imposed a new restriction, banning the supply of petrol to fuel stations that exceeds their daily sales averages. The move aims to discourage hoarding amid rising ...

Saskatchewan could more than double oil production to as much as 1 million barrels a day if federal regulations were eased, Premier Scott Moe said. Canada’s second-largest oil-producing province could ...