As flagged last month, BP took a writedown of about $4 billion from its energy transition business in the fourth quarter.

In a BofA Global Research report sent to Rigzone last month, analysts offered a comparison of global 'big oil' companies.

The powerful combination is well-timed to capitalize on an emerging, multi-year offshore drilling upcycle', said Keelan Adamson, Transocean President and Chief Executive Officer.

The country’s largest state-owned refiner and its smaller counterpart purchased 2 million barrels of Merey crude, according ...

In a statement sent to Rigzone on Monday, ADNOC Gas plc announced a “record” net income of $5.2 billion for 2025, which the ...

U.S. natural gas dropped for a second session on the outlook for warmer temperatures across large parts of the country.

Trafigura Group Chief Executive Officer Richard Holtum said the liquefied natural gas industry needs a 'bit of innovation' ...

More than a dozen tankers loaded with Russian Urals oil are sailing toward Asia or idling along the route, a sign of ...

The energy complex was not immune to the broad sell-off in commodities over the past week, Standard Chartered Bank Energy ...

Trump eventually backed down, before pivoting to the lack of a nuclear deal as a reason to attack. Washington and Tehran held ...

The agreement 'paves the way for both companies to collaboratively progress Kuwait's most strategic asset fields'.

Devon Energy and Coterra Energy announced the signing of a definitive agreement to merge in an all-stock transaction.