U.S. oilfield services provider Weatherford is resuming operations in Libya after a ten-year absence, signaling increased ...

Kerry Breen is a news editor at CBSNews.com. A graduate of New York University's Arthur L. Carter School of Journalism, she previously worked at NBC News' TODAY Digital. She covers current events ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production. According to ...

Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota ...

The Gulf of America saw another new oil field take shape off the coast of Louisiana, as the Ballymore field went into ...

Enbridge Inc.‘s massive Mainline oil pipeline ran flat-out in the first quarter, helping the company achieve a profit of $2.3 ...

ExxonMobil is committing $1.5 billion to deepwater oil and gas exploration in Nigeria, reflecting its confidence in the ...

BISMARCK, N.D. (AP) — Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland, the owner of the line said Thursday, but it remains ...

The security service of PJSC Ukrnafta has uncovered and swiftly dismantled an illegal tie-in into a discharge pipeline ...

Equinor ASA EQNR, the Norwegian energy major, has signed a significant agreement to sell its 60% operated interest in Brazil's Peregrino oil field to PRIO Tigris Ltda., a subsidiary of Brazilian oil ...