Oil producer Oasis Petroleum Inc's capital budget will nearly halve next year as global crude prices plunge.
The company said it expected to spend $750 million-$850 million in 2015. Of its 2014 budget of $1.43 billion, Oasis had spent $1.1 billion as of Sept. 30.
Reporting by Kanika Sikka
Devon Energy, an oil and gas company, reported a third-quarter profit that was above expectations due to strong production.
The U.S. mining company Freeport-McMoRan's local director said that the extended delay in Chile in enacting the reforms aimed…
Orsted CEO assures Sweden that the offshore wind industry has solutions that would address defense concerns. At issue: Sweden's…
Orsted said that the demand for green power will continue to grow in the United States, regardless of the person who is elected as president.
The U.S. midstream firm MPLX announced a higher net profit for the third quarter 2024 compared to the previous year on Tuesday…
LSEG data on Friday showed that Russia's January-October LNG exports increased by 6% compared to a year ago, reaching 26,4 million metric tonnes.
The Turkish Energy Minister said that Turkey and Russia are currently in talks to reach a deal for a hub in Istanbul. This…
Vladimir Vladimirov, the local governor of Stavropol in southern Russia, said that a drone had crashed on an oil storage depot.
Malaysian palm futures rose more than 2% Friday on the back of higher soyoil, crude oil and positive estimates for domestic exports.
The U.S. Offshore Wind Developers put on a brave front at a conference in Washington this week. They praised their ability…
Tokyo Gas and Woodside Energy are in discussions about a possible stake in the multi-billion dollar Louisiana LNG export project.
When damaged yaw brake discs were preventing numerous wind turbines from operating in optimum conditions, their operator…
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