OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of ...

Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle ...

Baker Hughes said oil rigs rose by seven to 488 this week, their highest since September, while gas rigs fell by two to 99.

Baker Hughes (BKR) reports that the U.S. Rig Count is up 4 from last week to 592 with oil rigs up 7 to 488, gas rigs down 2 to 99 and ...

Oil exploration and production company ConocoPhillips (COP) is selling its interests in the Ursa and Europa Fields in the Gulf of ...

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but there are indications the rigs will start being brought back into service from ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

Occidental, the oil giant that has tried to fashion itself as a climate tech leader, is being real clear now about capturing ...

As President Trump promises to “unleash” oil and gas drilling, Atlas Energy has announced plans to acquire Moser Energy for $220 million. Structured as a stock purchase, Atlas will pay $180 million in ...

The state expected millions of dollars to plug wells abandoned by their owners. But the funds are in limbo under a new ...

InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.