Uruguayan state oil company Ancap says it will tender 17 offshore blocks for exploration.
The inventory of refined products has come down in recent months, offering a glimmer of hope to refiners, whose margins fell sharply in 2016 due to a glut of gasoline and diesel.
Which East Coast refiners are looking to move more crude by ship from Texas into the Philadelphia area?
The White House has said it will decide by next month what to do with the deal involving more than 190 nations struck in the French capital in 2015.
Total SA, one of the world's biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.
Data analytics offers much short-term promise in the downstream arena.
Unite spokesperson says recent North Sea strike can inspire other offshore workers.
Baker Hughes expects revenue from North America to rise in the current quarter from the first as oil producers drill more onshore wells.
Permian Basin hoards the spotlight, but meanwhile, offshore producers are a fraction of a percentage point away from hitting another all-time high during the first half of the year, according to RBN Energy.
ExxonMobil has boosted it's dividend every April for at least a decade, delivering more than $98 billion directly to shareholders.
Natural gas production at Azerbaijan's Absheron field in the Caspian Sea could begin in late 2019 or early 2020.
A feasibility study for a liquefied natural gas plant in Sakhalin, designed by Russia's Rosneft and USA's ExxonMobil, should be ready by the middle of 2017.
Azerbaijan's energy minister, Natig Aliyev, says he will discuss a possible extension of the global oil output cut deal at a meeting with his Saudi counterpart on Wednesday.
China aims for non-fossil fuels to account for about 20% of total energy consumption by 2030.
Iraq launches the 3rd and final phase of work to expand its southern Halfaya oil field, aiming to double its output capacity in 2018 to 400,000 barrels per day.
Another year of decline in oil and gas activity is expected in 2017, according to Amec Foster Wheeler's CEO Jonathan Lewis.
Petrofac secures a series of contract awards worth more than $70 million for engineering, operations and maintenance services in Iraq.
The undiscovered oil and gas resources in the Barents Sea are twice as large as previously assumed, according to the Norwegian Petroleum Directorate's new calculations.
Andalas Energy and Power Plc, in collaboration with Pertamina, has identified a further 2 gas fields in central Sumatra suitable for wellhead IPP (independent power project) development.
Oil prices slip nearly 1%, extending last week's decline.