BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off wind assets as part of a broader strategic reset.

Shell and other oil majors have withdrawn from the SBTi climate standard effort, triggering a pause in its oil and gas guidelines.

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new ...

Russian state oil and gas revenue is set to fall in July by around 37% from the same month in 2024 to 680 billion roubles ($8.66 billion) due to cheaper oil and a stronger local currency, Reuters ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The 16 federal parcels were the first to be leased since Congress slashed the royalty rate for oil and gas producers.

Regulators took the first enforcement steps against some of Colorado’s largest oil and gas operators in an investigation into reports of falsified data on the cleanup of 404 sites in Weld Cou… ...

The company that recently reported promising early results from an offshore gas exploration well in Poland has announced the well has also discovered oil. Privately-owned Central European ...

World-class equipment, technology and services company, CNH, in partnership with PETRONAS Lubrificants International (PLI), through its subsidiary PETRONAS Lubrificantes Brasil (PLB), has launched the ...

Papua New Guinea's government appointed former Oil Search executive Gerea Aopi as the new chairman of national oil company Kumul Petroleum. Karoon Energy chief executive, Julian Fowles, to ...

Local politicians in north-eastern Germany were up in arms on Tuesday, after news broke that a major oil and gas deposit has been discovered in neighbouring Poland, with some experts also ...