Oil Company News

US oil and gas rotary drilling count declined a second straight week, as oil explorers scaled sharply back another week...

ExxonMobil told investors Friday that Permian Basin production reached fresh highs over the second quarter, while offshore operations in...

Imperial Oil expects higher volumes and lower costs in the second half after posting its strongest second-quarter upstream output in over...

Chevron has begun moderating E&P growth in the Permian Basin after reaching record production of 1 million ...

Cameroon's national oil company on Friday launched an oil and gas exploration and production licensing round...

The Glencore-Tristar joint venture Aquarius Energy completed its purchase of a 37% stake in the 10 million-barrel Saldanha Bay...

Saudi Aramco cut its official selling price (OSP) for liquefied petroleum gas in August as warm temperatures in the northern hemisphere...

Pakistan is set to receive its first-ever shipment of crude oil from the United States after its largest refiner, Cnergyico, finalised a deal with global...

The Nigerian National Petroleum Company has moved to curb speculation it could sell its under-performing refineries...

Cenovus Energy has cut by roughly 10,000 boepd its upstream production guidance for the current year ...