BP 's latest Annual Energy Outlook report lays out a vision through 2040 for Earth's energy future. » Read More
By: Sam Meredith
Energy market participants may be able to adjust to U.S. sanctions against Venezuela's crude industry, the IEA said in its closely-watched report on Tuesday. » Read More
Saudi oil giant Aramco has historically focused on developing the kingdom's vast, low-cost reserves. » Read More
By: Holly Ellyatt
BP has invested more money in Egypt in the last two years than anywhere else, the oil giant's Chief Executive Bob Dudley told CNBC. » Read More
Industrial progress is more vital to Saudi Arabia's future than oil, the kingdom's energy minister told CNBC Monday.
Saudi Arabia's energy minister is hoping Russia will pull its weight on recently agreed OPEC oil production cuts despite its slow start, expressing confidence on Monday that the world's second-largest exporter would come through.
Venezuela has been thrust back into the energy spotlight, analysts told CNBC, with a further slide into political chaos likely to trigger wild swings in the oil price.
An escalating trade war between the world's two largest economies would be nonsensical, according to executives from the liquefied natural gas (LNG) market.
Oil prices should sit around the $60 to $80 a barrel range throughout 2019 with volatility set to remain in the energy markets, Crescent Petroleum's chief executive told CNBC Thursday.
It's not the global oil supply, demand, sanctions on Iran's oil industry or political upheaval in oil producer Venezuela that Total's CEO is worried about.
Jim Cramer laments the power that oil prices currently wield over individual stocks.
85 percent of US energy executives are optimistic about the industry's growth prospects in 2019.
Saudi Arabia's Sabic is expanding its investments in China despite an expected slowdown in the country's economic growth.
UBS is upgrading Chevron to buy, saying the oil and gas giant is positioned to weather a sudden drop in crude prices.
The level of crude output from the U.S. will once again be a major factor this year, the IEA said its closely-watched report on Friday.
Natural gas prices spiked on Monday on forecasts showing the severe cold gripping the United States will persist longer than previously thought.
The blocks are the first to be awarded as part of Abu Dhabi's first-ever competitive open block licensing round.
OPEC Secretary General Mohammed Barkindo is largely optimistic over prospects of achieving a balanced oil market in 2019.
OPEC members, along with several non-OPEC countries like Russia, in December agreed on output cuts totaling 1.2 million barrels per day.
While North American shale may be competition for OPEC members, some crude-exporting countries in the Arabian Gulf are simultaneously taking advantage of the commodity's ability to fuel lucrative investments beyond oil.
Oman's oil minister thinks President Donald Trump has given OPEC some undue flak. But echoing other Gulf ministers, Mohammed bin Hamad al-Rumhi stressed his desire to steer clear of political animosity with the American leader.
OPEC listens to what the U.S. has to say when it comes to oil prices and production but "always does the right thing," according to the United Arab Emirates' energy minister.
BP on Tuesday announced a massive discovery in the Gulf of Mexico and a $1.3 billion investment in another offshore field.
With 28 countries and a combined population of around 512 million people, the European Union is something of a prized market when it comes to natural gas.