Keir Starmer explains Labour will not support proposed Cambo oilfield as party lays out £30bn green jobs plan

Ghana is seeking parliamentary approval to borrow as much as $1.65 billion to accelerate oil and gas exploration by acquiring and developing assets.

None of the 100 companies investigated in a new report have committed to ending oil and gas exploration, despite the fact that they are arguably the largest contributors to the global climate emergency.

Australia’s Santos explained today that it approached compatriot Oil Search about a potential merger last month.

UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea.

Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet among major forecasters for a return to triple digits.

Exxon Mobil Corp. is preparing to reduce headcount at its U.S. offices by between 5% and 10% annually for the next three to five years by using its performance-evaluation system to suss out low performers, according to people familiar with the matter.

UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.

BP’s energy transition plan will receive a boost from rising oil prices, and the company is already winning back investors after a difficult year, Chief Executive Officer Bernard Looney said.

OPEC+ is discussing whether to further boost production at next week’s meeting as the oil market looks increasingly tight.