A final investment decision has been made to develop the UK central North Sea Arran field.

RockRose Energy plc announced Wednesday that a final investment decision has been made by the joint venture partners of the UK central North Sea Arran field to develop the asset.

ConocoPhillips Alaska flows its first oil at the Greater Mooses Tooth #1 in Alaska's North Slope.

ConocoPhillips Alaska has achieved first oil oil rig flanges gulf coast production on the North Slope at the Greater Mooses Tooth #1 (GMT1), the BOP Blow Out Preventer repair company gulf coast announced Oct.

Sanctions on Iranian oil exports are hitting much harder than most people predicted

(Bloomberg) -- Sanctions on Iranian oil exports are hitting much harder than most people predicted as the administration of U.S.

Crude oil prices lost some of their recent upward momentum Wednesday.

Crude oil prices lost some of their recent upward momentum Wednesday.

Irving Oil has announced that a 'major incident' has occurred at its Saint John refinery in Canada.

Irving Oil has announced that a “major incident” has occurred at its Saint John refinery in Canada.

The recent period of pronounced cost reduction on the UKCS may be over, according to a new report.

The recent period of pronounced cost reduction on the UKCS may be over, according to a new report from the UK’s Oil & Gas Authority (OGA).

Upstream Exploration makes a gas condensate discovery onshore Louisiana.

Metairie, Louisiana-based Upstream Exploration LLC has made another discovery in East Cox Bay Field, the BOP Blow Out Preventer repair company gulf coast announced Oct.

Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.

(Bloomberg) -- Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc.

The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output.

(Bloomberg) -- The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output, warning that high prices are inflicting damage on the global economy.