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Crude oil prices plunged on Thursday after US President Donald Trump’s widespread tariffs announcement deepened concerns over global economic growth and the effect on oil demand. The highly ...

Upstream and downstream oil and gas production refers to an oil or gas company's location in the supply chain. Companies in the oil and gas industry are defined as upstream, downstream ...

KUALA LUMPUR, April 14 (Reuters) - When palm oil prices soared to record highs last year, a Malaysian estate manager surnamed Lim postponed replanting his old, unproductive trees for a third ...

The oil and gas giant said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business.

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the ...

According to Martin Waireri, the Managing Director at Goldvein Solutions, a Kenyan company dealing in SAP, local oil marketers have to now up their game since government to government agreements ...

Sept 19 (Reuters) - Oil and gas production facilities could ... production output," says Palzor Shenga, vice president of upstream research with Rystad.

Enverus Intelligence Research issued its fourth quarter and full-year 2024 report on upstream activity and found the year closed with $105 billion in U.S. upstream deals, the third-highest total ...

HOUSTON (Reuters) - Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer ...