Australia's largest independent dedicated oil and gas company Woodside Energy on Tuesday abandoned a longer-term emissions target and $5-billion in planned clean energy spending by 2030 to focus on... 

Hou Qijun has set out to transform Sinopec, the world's largest refiner, as it faces dwindling fuel demand, overcapacity in petrochemicals and the world's worst oil crisis, when he could be... 

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 

Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran's blockade of the Strait of Hormuz, a letter by... 

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 

Deep in Australia's Red Centre, gas is set to start flowing next month from the sprawling Beetaloo basin to Darwin 500 km (310 miles) north, in what developers hope kicks off the country's own... 

Canada's biggest oil producers are targeting late 2027 for a final investment decision on their proposed six-million-tonne carbon capture and storage project, a key piece of the country's plan to... 

ExxonMobil said on Monday it has awarded about $1.1-billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado. The US oil major... 

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 

New Zealand's centre-right coalition government on Thursday granted a new energy mining permit in the onshore Taranaki region, an oil-and-gas-rich area on the country's North Island, saying it... 

US natural gas supply and demand will both rise to record highs in 2026, the US Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday. The EIA projected dry gas... 

Natural hydrogen explorer Max Power Mining Corporation has entered into a strategic private placement financing agreement with Canadian billionaire investor Eric Sprott for gross proceeds of... 

Andy O'Brien will succeed longtime ConocoPhillips CEO Ryan Lance next month and will inherit a major Alaska oil project to complete, costs to control and a share price that has recently lagged... 

Canadian Natural Resources will not move ahead with any mid- to long-term oil sands expansion projects until the details of a recently signed memorandum of understanding with the Canadian and... 

ConocoPhillips said on Thursday it has completed the sale of $1.7-billion of noncore Lower 48 assets in July, helping the US oil producer reach its $5-billion asset disposition target ahead of... 

Canada's largest oil and gas producer Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, benefiting from higher oil and natural gas production. Canadian oil... 

Suncor Energy is not yet willing to accelerate plans for production increases, the company's CEO said on Wednesday, despite large-scale policy reforms promised by the federal and Alberta... 

Canadian oil and gas producer Gran Tierra Energy said on Wednesday it had agreed to sell its Colombian and Ecuadorean oil operations to France's Maurel & Prom for $1.33-billion, including debt.... 

Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by... 

US shale producer EOG Resources beat analysts' estimate for second-quarter profit on Tuesday, helped by a surge in crude prices. Concerns that the war in Iran, which erupted in late February,... 

Suncor Energy on Tuesday beat second-quarter adjusted profit estimates as higher crude price realizations and stronger refining margins offset weaker upstream production. Higher oil prices and... 

New Zealand's centre-right coalition government on Wednesday granted its first petroleum exploration permit since reversing a ban on offshore exploration imposed by former Prime Minister Jacinda... 

Australia's Woodside Energy reported a 28% rise in second-quarter revenue on Wednesday and narrowed its yearly production forecast, citing strong operational performance and high reliability across... 

The MERA Oil consortium of US and Saudi Arabian companies is advancing plans for a $5-billion integrated refinery and export corridor in the Gulf aimed at boosting regional energy infrastructure,... 

Australia will consider building its first new oil refinery in more than 60 years, Prime Minister Anthony Albanese said on Tuesday, as war in the Middle East squeezes supplies from overseas and... 

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8-billion North Hub project in... 

Australia’s Northern Territory has granted land to a major data center project that claims it could attract A$40-billion ($28-billion) in private investment. The region’s government awarded 185... 

Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its... 

Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and... 

Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares...