Oil & Gas Industry News

U.S. upstream M&A hit $12.6 billion in the third quarter of 2026, Enverus Intelligence Research revealed.

Public support for UK oil and gas production is higher than ever, industry body Offshore Energies UK (OEUK) said.

Ukraine and Russia started a second day of U.S.-led peace talks in Abu Dhabi.

The chief executive of ExxonMobil Holdings Corp. is ending his streak of attending United Nations climate conferences.

Crude extended its decline as diplomatic hopes and recovering Persian Gulf oil flows weighed on prices.

Oil prices plunged as renewed Iran peace hopes eased concerns over Middle East supply disruptions.

A Houthi attack damaged one of the landmarks of the Saudi Arabian capital's financial district.

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

A bipartisan plan to speed the federal approval process for major energy and infrastructure projects received the endorsement of President Donald Trump on the eve of a key Senate vote.

Which U.S. oil major produced the most in the third quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?