The UAE’s Crescent Petroleum has obtained a default judgment from a US court enforcing an award now worth US$2.75 billion against the National Iranian Oil Company.

Occidental Petroleum (OXY) closed at $64.66 in the latest trading session, marking a +0.33% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.91% for the day.

Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC ...

A busy section of a major highway that runs through New England will be closed for an “extended period of time” after a fiery ...

The Federal Government says it will stop granting licences to gas companies with no capacity to build pipelines for gas ...

In California, the international price of oil is more important than the price of domestically produced crude — known as West ...

Last year marked a record for U.S. oil production with daily production of 12.93 million barrels per day (BPD). This year, ...

While 2022 was a good year for the petroleum mining equipment firm’s net income, as it was for many firms in the oil and gas ...

Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum OXY. And retail traders should ...

The American Petroleum Institute says the rules limit development in a region “intended by Congress to bolster America’s ...

Production at the Khor Mor field in Kurdistan is set to resume less than a week after a drone attack suspended operations at ...

Hitting nearly 151,000 feet of potential oil column, Bunga Aster-1 is the second “significant discovery” within a year in the ...