Oil & Gas Industry News

Traders balanced Iran deal optimism against falling US crude inventories.

Despite higher oil prices, spending on oil projects is set to drop below $500 billion in 2026, according to the International Energy Agency's annual World Energy Investment report.

Former BP Plc Chairman Albert Manifold says he was fired without warning or explanation.

Oil futures plunged as traders bet on a possible US-Iran peace deal.

Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on the Lone Star State's chief oil regulator.

'I am delighted to welcome Jeff to Noble's Board of Directors', Noble Chairman Charles M. Sledge said.

Rystad Energy described digitalization and Artificial Intelligence in upstream oil and gas as 'a $500 billion opportunity'.

Oil rebounded as renewed US-Iran clashes clouded hopes for a Hormuz deal.

Summer forecasts are pointing to higher than normal temperatures across Asia, while an El Nino weather pattern could make things even hotter.

The U.S. Department of the Interior announced that it generated over $4 billion in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas.