Oil & Gas Industry News

Oil declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply.

Ukraine for the first time hit an oil tanker from Russia's shadow fleet in the Mediterranean Sea.

Rigzone takes a look at the fourth quarter Dallas Fed Energy Survey.

The Standardizing Permitting and Expediting Economic Development (SPEED) Act has passed the U.S. House of Representatives.

Oil edged higher for a second day as geopolitical risks in Venezuela and Russia offered support to prices.

'The German economy has been on an emotional roller-coaster ride this year', ING economist Carsten Brzeski said in a note.

Kyiv has been intensifying strikes on Russian energy assets.

World petroleum and other liquid fuels production will outweigh consumption by 2.24 million barrels per day in 2025, according to the EIA's latest short term energy outlook.

'History was made nine years ago and a new journey began', OPEC Secretary General Haitham Al Ghais said.

O'Neill's takeover from Auchincloss marks the oil and gas giant's second CEO change in two years.