The rare coordinated share buybacks by China’s “big three” oil majorsPetroChina, Sinopec, and CNOOC—reflect mounting concern ...

Vietnam has launched its first bidding round in many years for offshore exploration acreage in the Southeast Asian nation's two premier oil and gas provinces — the Cuu Long and Nam Con Son basins.

Adnoc is expanding the capacity of some of its largest offshore oilfields as part of its P5 programme, which aims to boost ...

Crude oil fell again Tuesday as markets continued to reel from the double whammy of US President Donald Trump’s tariffs and ...

Trump announced a baseline 10% duty on all foreign goods, with an additional 20% levy on the European Union starting on 9 ...

Brazilian state-controlled oil company Petrobras has issued an invitation to tender to contract plugging and abandonment services for shallow-water oil and gas wells and decommissioning of old jackets ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

Oil prices were range-bound during Tuesday trading in Europe after heavy losses in previous sessions, as market participants await new signals to ascertain if the global market sell-off is to continue ...

Gazprom braces for cost cuts following halt of gas transit route via Ukraine to Europe that was its most profitable export market before the country's invasion to Ukraine ...

ExxonMobil chief executive Darren Woods saw the worth of his total pay package rise by about 19% in 2024, thanks in part to ...

Floating liquefaction technology has shown it can be key to unlocking LNG projects across Africa, according to consultancy ...

Shallow-water drilling contractor Borr Drilling has received good news in Mexico where three of its jack-up rigs had been ...