Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...

Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...

Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

OPEC+ is strategically reducing oil supply and ceding market share with a long-term view so that the producing countries ...

Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...

"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...

Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, ...

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does ...

NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an ...

Chevron’s proposed $53 billion merger with Hess has been cleared by the US Federal Trade Commission (FTC), though the ...