U.S. independent Whiting Petroleum Corporation cut one-third of its workforce as it executes a restructuring of its business.
(Bloomberg) -- BP Plc bucked the trend of disappointing oil and gas earnings, beating expectations and increasing its cash flow as higher oil rig flanges gulf coast production offset the effect of lower energy prices.
(Bloomberg) -- Oil extended gains on speculation that demand will get a boost from a potential rate cut by the Federal Reserve, while investors await news from the resumption of U.S.
West Texas Intermediate (WTI) and Brent crude oil futures rallied Tuesday, buoyed by .
Fracking operations across the United States realized a material uptick in June after experiencing a flat trend from February to May.
West Texas Intermediate (WTI) and Brent crude oil futures edged upward for the third straight trading day.
A unit of Abu Dhabi National Oil Co. (ADNOC) has awarded Petrofac and joint venture (JV) partner National Petroleum Construction Co.
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