Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15 percent of global oil supply and 20 percent of global LNG supply. That’s what Wood Mackenzie said ...

An area housing Saudi Arabia's largest oil refinery was hit by a drone strike, according to people familiar with the matter.

Tankers are avoiding the Strait of Hormuz after joint US and Israeli strikes on Iran, with some vessels halting or reversing ...

Alaska LNG offers a unique Pacific orientation that complements TotalEnergies' supply strategy and provides Asian customers ...

Aaron Hill, chief market analyst at FP Markets, told Rigzone that oil prices are edging higher today as the market leans on ...

BOEM has announced its intent to prepare a programmatic environmental impact statement for proposed oil and gas lease sales ...

In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone by the SEB team on Friday, SEB chief commodities analyst ...

The UK Treasury is considering scrapping a windfall tax on North Sea oil and gas following persistent pushback from producers ...

The Middle East's biggest unconventional gas field is expected to reach two billion cubic feet per day of gas sales capacity ...

BP’s overall output plunged as the company shed crude and gas assets, and trimmed upstream investment. Its market capitalization is still almost 40% below where it was in early 2019. The company now ...