Swiss-headquartered drilling contractor Transocean is confident dayrates for high-specification rigs will increase in the ...

BP has made its largest discovery in 25 years with a new oil and gas find in the Santos Basin, approximately 250 miles off the coast of Rio de Janeiro, the company announced on Monday, August 4, 2025.

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

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Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

Unlike China and India, Brazil does not import crude oil directly from Russia. However, it ranks as the third-largest buyer ...

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess. Chevron Stock ...

Meanwhile, the price of futures contracts of WTI crude oil for September 2025 delivery was down by 0.98% at $65.52 per barrel ...

Secondary sanctions and tariffs against those that are buying Russian oil - an obvious step to try and bring this war to an end, Matt Whitaker noted ...

Brazil’s east coast — the company’s most significant since the Shah Deniz gas field in the Caspian Sea in 1999, Azernews ...

The British group's return to profit in the second quarter contrasted with weaker results from energy rivals, as lower ...

Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...