ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...

Exxon XOM0.01%increase; green up pointing triangle Mobil is slashing 2,000 jobs worldwide, it said Tuesday, the oil industry’s latest mass layoff as companies adapt to anemic oil prices and get more ...

Brazil set a new production record in June 2025, lifting 4.9 million BOE/day, with crude output alone hitting 3.8 million barrels per day. Petrobras plans $111 billion in investments through 2029, ...

Russia has powered its war in Ukraine by keeping its oil flowing. Now, after more than 3½ years of conflict, the gusher is slowly starting to peter out. The toll of the war and Western sanctions have ...

Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in its 2025 Energy Outlook, in which the supermajor ditches its forecast from last year ...

Going against conventional wisdom, explorers at a Norwegian energy company drilled horizontally to find oil in an abandoned natural gas field. A model of a giant rig called the DeepSea Stavanger that ...

Sept 21 (Reuters) - Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the country's state oil marketer SOMO said on Sunday. Earlier ...

In the past, Michael Oxman has worked with Chevron and consulted with other oil/gas companies. The views expressed in this article are his and do not necessarily reflect the views of Georgia Institute ...

Ukraine set fire to Russia’s largest oil terminal and two tankers overnight Friday in its largest drone attack against the Kremlin in months. The port of Primorsk, which has the ability to load about ...

We don’t always have the answers, but we have some people on speed dial who do — which is why we present to you our series FYI where we have experts explain if lip balm is actually bad, how often you ...