EOG Resources (NYSE:EOG) said Friday it was awarded a new onshore oil exploration concession for Unconventional Onshore Block ...

The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.

Fights in recent years over pipeline permits at state regulatory agencies have turned into minefields. Under the Republican ...

The price of Brent crude oil is $64.35 per barrel. Oil prices are customarily quoted in dollars (USD) worldwide. This guide explains exactly what the oil spot price represents and what factors ...

Oil exporters like Nigeria and Angola initially hoped to ride out the storm, as hydrocarbon imports were technically exempted. But the relief was short-lived. A surge in U.S. shale ...