Oil company BP recently announced it was ditching its climate goals to refocus on dirty energy in the hope of raising share prices.

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

BP plc BP, the UK-based energy major’s Trinidad and Tobago unit (“BPTT”) has officially commenced production from its Cypre gas development offshore Trinidad, marking a milestone in the energy giant’s ...

Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.

BP announced Friday that Chair Helge Lund is being replaced after he notified the company's board that he would step down in ...

The British energy company said Lund is likely to step down sometime next year, as activist investor Elliott Management ...

Aker BP ASA has extended its alliance agreement with SLB (Schlumberger Limited) and Stimwell Services Ltd. for another five ...

It was a week when both oil and natural gas prices logged gains. The headlines revolved around European integrated energy company BP plc’s BP green signal to the Ginger gas project in Trinidad and ...

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for ...

Oil supplies fell by 3.3 million barrels to 433.6 million in the week ended March 21, below analysts expectations that inventories would rise by 1 million barrels. The activist investor has pushed the ...

Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using ...