Petrobras operates Buzios with an 88.99 percent stake. CNOOC Ltd. owns 7.34 percent through wholly-owned subsidiary CNOOC ...

Oil refiners in China have stepped up purchases of Russia's flagship crude, seizing an opportunity to take discounted cargoes ...

Santos said newly revealed approvals would delay the process for an ADNOC-led consortium to progress its proposed takeover of ...

Any talks about U.S. sanctions towards Russia are now blowing in the wind, Bjarne Schieldrop, Chief Commodities Analyst at ...

The U.S. Energy Information Administration cut its West Texas Intermediate average spot crude oil price forecast in its latest short term energy outlook.

With the existing fleet committed to 20-year charters, we have increased focus on securing attractive FLNG growth units'.

The technical aspects have more or less been agreed upon, but the commercial alignment is still under negotiation and will ...

Absent greater military involvement, the Trump administration has limited leverage over Russia without risking a spike in oil ...

JERA has agreed to purchase approximately 1.0 million metric tons per annum (mtpa) of LNG from Cheniere Marketing on a ...

The attack on the facility, which accounts for roughly 5 percent of Russia's crude processing, may put even further pressure ...

The court ruled that TotalEnergies be allowed to reapply for the environmental authorization and conduct public participation ...

Crude oil stocks, not including the SPR, stood at 426.7 million barrels on August 8, the EIA's latest weekly petroleum status ...