Energean Oil &. Gas Plc. the Greek energy producer that sold shares in London last year. is bidding for the oil and gas business of Electricite de France SA’s Italian unit. people familiar with the matter said.

Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.

Iran’s auto industry has emerged as one of the frontlines in a raging economic war on the country which is lining up its defense ministry to protect the sector from US sanctions.

Global oil supplies will increase far more than demand next year with the start of a host of new projects. putting further pressure on the OPEC cartel.

A prominent Saudi expert said that the Emirati intelligence agency targets oil tankers in the Persian Gulf and the Sea of Oman in a move to inflame war against Iran.

Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.

Danos has been awarded multiple contracts with Shell Exploration and Production Company. a subsidiary of Royal Dutch Shell plc. to provide integrated operations on its Enchilada platform.

Equinor and its partners will disclose datasets from Sleipner field. the world'.s first offshore CCS plant. in a push to advance innovation and development on the field of CO2 storage.

Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas. according to Morgan Stanley.

World oil demand will rise by 1.14 million barrels per day (bpd) this year.