Brazil's low-cost oil will help it compete in a tough market as it seeks to turn around its business, Petrobras CEO Pedro Parente said.
Major oil CEOs called on OPEC to extend output cuts beyond March next year on Friday.
French oil and gas major Total said its net adjusted profit rose 29 percent in the third quarter, in line with expectations, thanks to increased output and high refining margins, while cost reductions exceeded its target for the year.
On Tuesday, President Trump met with Greek Prime Minister Alexis Tsipras to discuss military cooperation and US investment in Greece.
President Trump risks alienating moderates in Iran with the power to help effect peaceful change, one analyst says.
Patrick Pouyanne noted that although the market was slowly balancing, investor sentiment was still volatile.
Investors will soon know whether the United States will abandon the Iran nuclear deal, a move that could roil markets and alienate allies.
Arkema SA is not exactly a household name, but its products are found in everything from plastics in automotive parts to adhesives for baby diapers.
Total CEO Patrick Pouyanné responds to falling popularity of French President Emmanuel Macron as the leader tries to push through labor reform.
Motiva shut down the largest U.S. refinery, while Louisiana plants reduced activity as Tropical Storm Harvey made a second landfall.
Chevron appears poised to name Vice Chairman and refining specialist Michael Wirth as the oil major's next CEO.
European markets closed lower on Monday amid persistent geopolitical uncertainty, though mining stocks helped to limit losses.
Denmark's A.P. Moller-Maersk said Monday it had agreed to sell its oil and gas division, Maersk Oil, to French oil major Total SA for $7.45 billion.
BP beat analyst expectations on Tuesday, despite profits more than halving from the first three months of the year after a hefty charge from an unsuccessful project in Angola.
Clemente Cappello, CIO of London-based Sturgeon Capital, said Iran has investing opportunities beyond hydrocarbons.
States are fighting back against President Trump's withdrawal from the Paris climate-change deal, but the US Constitution may stop them.
A key piece of one of the most expensive liquefied natural gas projects in history may have developed a physical crack, and it could be costing billions.
European bourses closed higher on Monday, entering into the new month on a solid footing after markets posted gains for the first half of the year.
Iran has signed a $4.8 billion deal with a consortium led by French oil company Total on Monday to develop its giant South Pars gas field, the largest natural gas field in the world.
Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.