Following a power outage, Equinor on Tuesday suspended all production at the huge 755,000-bpd Johan Sverdrup oilfield in the North Sea, Western Europe’s biggest, a spokesperson for the Norwegian ...

Sir Keir Starmer is facing a growing Labour backlash over the potential approval of a giant new oil field. Labour MPs said the move would mark a "breaking point" and was "absolutely a line in the ...

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production. Mike Aughenbaugh, Associate Target Market Manager, Swagelok, joins us to discuss his ...

2-Year U.S. Treasury Note Continuous Contract $102.711-0.012-0.01% 5-Year U.S. Treasury Note Continuous Contract $106.445-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $109.234 0.000 ...

ABU DHABI, Feb 4 (Reuters) - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a ...

There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly ...

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Oil has made headlines during this coronavirus crisis, although not for reasons investors want to see. In addition to issues caused by international events, especially those that impede the safe ...