California’s epic drought is pushing Big Oil to solve a problem it’s struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year.

World Bank Tribunal has rejected Venezuela’s appeal on the ruling in March in a case brought by Tidewater against the Latin American country.

Petroleo Brasileiro SA’s $58 billion asset sale proposal would be unprecedented for the oil industry -- and for good reason.

GE Intelligent Platforms Software is to connect all BP's subsea oil wells globally to the industrial internet as part of a new production optimisation project.

Premier Oil has hailed the increase in productivity achieved on a key field development project West of Shetland, on which it has faced big challenges.

Twelve workers have been killed and others were injured after an explosion ripped through a repair site at an Eni-connected pipeline in Nigeria on Thursday.

North Atlantic Drilling has been awarded a contract extension for the semi-submersible rig West Phoenix by Total E&P UK.

In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a $18.

Oil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but a fall in China's car sales weighed on the crude benchmarks.

The U.