Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.

The former Conservative government approved the giant Rosebank oilfield by Norwegian oil giant Equinor, 80 miles off Scotland’s Shetland coast, in 2023. Rosebank holds almost 500 million barrels ...

“The above amendments will actually benefit oil and gas companies by lessening the number of future environmental damage claims from landowners,” he wrote. Oilfield waste pits have been linked ...

2025-02-03T15:19:05-05:00 https://ximage.c-spanvideo.org ...

Sir Keir Starmer is facing a growing Labour backlash over the potential approval of a giant new oil field. Labour MPs said the move would mark a "breaking point" and was "absolutely a line in the ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 2.0 million barrels from the week ending January 3 to the week ending January 10 ...

“The above amendments will actually benefit oil and gas companies by lessening the number of future environmental damage claims from landowners,” he wrote. Oilfield waste pits have been linked ...

ZUBAIR OILFIELD, Iraq, Jan 16 (Reuters) - Iraq and U.S. oil services firm Halliburton (HAL.N), opens new tab are close to finalising an agreement to develop the Nahr Bin Omar oilfield, the head of ...

(Bloomberg) -- Oil posted its third straight weekly decline as concerns that US President Donald Trump’s tariffs on China will sap demand outweighed his first round of sanctions against Iran.

The estate of a worker killed during a snow-removal operation at an Alaska oil field last year is suing oil producer Hilcorp Alaska and others it asserts were at fault for the incident that led to the ...

the world’s largest oil company, is nearing the finish line for four prized offshore engineering, procurement, construction and installation (EPCI) contracts for its Zuluf oilfield redevelopment ...