BP completed a deal to offload its Castrol lubricants business, giving the oil and gas major $6 billion to pay down debt as ...

Major OPEC nations reaffirmed plans to keep oil production quotas unchanged in December as conflict in the Middle East ...

Kistos Holdings PLC said Monday it had signed an agreement to acquire a 30 percent stake in the Seaward Production Licenses ...

Stadtwerke Lippstadt, a municipally owned utility of the German city of Lippstadt, executed a seven-year tolling agreement ...

Eni and Petronas began production at the Maha field in Indonesia's Kutei Basin, a tieback project that grows the capacity of ...

Iran's Supreme Leader Mojtaba Khamenei has given the government the go-ahead to hold peace talks, signaling a potential diplomatic opening as fears of a renewed conflict with the US and Israel grow.

West Texas Intermediate for December delivery fell 7.4% to settle at $96.46 a barrel in New York. Brent for January settlement dropped 7.6% to close at $104.77.

President Donald Trump said he may have to become "Mr. Veto" if Democrats win a majority in Tuesday's midterms, according to a clip of a New York Post interview aired Sunday on Fox News.

Marathon conducted an initial assessment of its Ewing Bank 873 platform in the Gulf of Mexico. The platform appears to be structurally sound, pending a more complete assessment.

TotalEnergies agreed to acquire a 30 percent operating stake in the SK410B Lang Lebah and B14 gas fields off the coast of the Malaysian state of Sarawak.

Big Oil reaped more than $50 billion in windfall profits as conflicts in the Persian Gulf and Russia roiled energy markets ...

Improve your oil and gas knowledge on Rigzone. Access a variety of information, guides and articles and gain a deeper understanding into the processes.