LONDON (Bloomberg) -- Irans oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the countrys exports, making it harder to keep track of the nations...

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the construction of the extended pad at Tilapia field, in the Republic of the Congo has been completed ahead of schedule. The well to be drilled o...

IRVING, Texas -- ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the worlds largest oil and gas producers working collaboratively toward solutions to mitigate the risks of cl...

NEW YORK (Bloomberg) -- Riverstone Holdings LLC is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people with knowledge of the matter. The private equity f...

STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1, will be drilled from the West Hercules drilling...

DUBAI (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces headwinds, the head of the organization said. The historic supply deal between Saudi Arabia, Russia and other produ...

NEW YORK (Bloomberg) --For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent futures will rise as supplies from Iran shrink, e...

NEW YORK (Bloomberg) -- Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified. Futures dropped as much as 2.8% in New York on Thursday. Even as Iranian crude exports shrink, it...

LONDON (Bloomberg) -- Dont be surprised to see bumper U.S. oil shipments heading overseas in the coming weeks. Global benchmark Brent is trading at its widest premium to U.S. yardstick West Texas Intermediate since June, a gap of more than...

MEXICO CITY (Bloomberg) -- Mexicos next president Andres Manuel Lopez Obrador will allocate 75 billion pesos ($3.9 billion) in the budget next year to oil extraction in a bid to resuscitate flagging output. We are going to allocate budget r...