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US energy company APA Corporation has agreed to buy competitor Callon Petroleum in a transaction valued around $4.5 billion including debt, the firms announced...
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US energy company APA Corporation has agreed to buy competitor Callon Petroleum in a transaction valued around $4.5 billion including debt, the firms announced...
Angola’s departure from OPEC exposes the tensions with the oil cartel as it seeks to cut output to maintain prices just as the United...
Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil cartel’s decision last month to further slash...
Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and...
Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up prices, the IEA said...
BP on Wednesday denied its former chief executive of more than £32-million ($40-million) payout because of his failure to disclose past personal relationships with...
Nigeria’s huge oil refinery built by Africa’s richest man Aliko Dangote received its first crude deliveries, the company said on Saturday, in the latest...
Once operational, the distillation column alone will be responsible for the production of 30,000 barrels of oil per day.
Guyana and Venezuela agreed Wednesday to “keep the communication channels open” in a fast-worsening feud over a disputed, oil-rich region as Brazil reinforced troops...
Saudi Arabia’s energy minister has slammed the door shut on agreeing to phase out fossil fuels at the UN’s COP28 climate talks, setting the...