Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

The Nigerian Navy says its operations have restored near normalcy in the nation’s crude oil production.The outgoing Flag Officer Commanding (FOC) of the Eastern Naval Command, Rear Adm. Saheed ...

Most oil operations involve some sort of bank debt, Ballard said. It’s an expensive business to start operating in, and when oil prices fall, banks are less likely to lend money to an operating ...

Chevron’s Leviathan and Energean’s offshore gas platforms in Israel have resumed production following a ceasefire in the Israel-Iran conflict.

U.S. and global oil benchmark prices opened up 4% Sunday evening, underscoring the concerns about what the conflict means for the world’s oil supplies.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.

Gov. Ron DeSantis signed a bill into law Thursday evening to ban oil drilling along the Apalachicola River in northwest Florida, delivering a win for both environmentalists and fishermen who said ...

A Toy Maker Sued Trump Over Tariffs and Won. Its Operations Are Still in Tatters. CEO Rick Woldenberg is moving equipment out of China and saying that ‘no one’s going to save me’ Share Resize ...

Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the risk any significant disruption to global energy markets. Gasoline ...

The Petroleum Industry Act (2021), aimed at boosting transparency and community involvement in Nigeria’s oil sector, has in some cases led to rising tensions between neighbouring communities ...

Saudi Arabian Oil Co. engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following ...