Oil & Gas Industry News

Chevron Corporation announced that its joint ventures in Venezuela plan to invest more than $7 billion over the next five years.

Art Hogan, Chief Market Strategist at B. Riley Wealth, projected that the Brent crude oil price could hit $100 in the next week.

Oil held near a five-week high as renewed US-Iran fighting raised fresh concerns over Strait of Hormuz exports.

'The challenge is where to concentrate, how to scale, and how to share value when efficiency reduces the activity that many contracts reward', McKinsey representatives said.

'The deal could materially reshape Venezuela's long-term production trajectory', Rystad said.

Oil prices jumped as escalating US-Iran hostilities threatened an already tight global market.

North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

SLB announced Monday that it has signed an agreement to acquire Kelvion.

What is the oil and gas impact of the Gulf's Tropical Storm Edouard?

Oil rose sharply as renewed US-Iran fighting heightened concerns about shipping through the Strait of Hormuz.