Oil & Gas Industry News

OPEC's crude production rose toward pre-war levels last month as Saudi Arabia led a further recovery in Persian Gulf supplies, according to a Bloomberg survey.

Crude prices fluctuated as traders weighed Iran diplomacy, recovering Gulf exports and broader market weakness.

UK cabinet ministers are lobbying Prime Minister Andy Burnham and Energy Secretary Miatta Fahnbulleh to approve drilling at the Rosebank oil and gas field in the North Sea.

Ukraine struck a sixth Russian oil refinery in a week.

The oil market has arrived at a remarkable destination, analysts at J.P. Morgan said.

The UK government's new Energy Independence Bill passed a first reading in the House of Commons on November 4.

Crude recovered as hopes for easing Iran tensions competed with persistent geopolitical risks.

Water levels on the Rhine River are forecast to drop again in the coming days.

The U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) is the self-styled 'disruption wing' of the energy department.

The oil industry is bracing for Democrats to use their newfound political muscle to push for a deal with President Donald Trump and impose a windfall tax.