The contract encompasses the implementation of the Leucipa automated field production system to enhance operations.

Crude oil futures finished little changed, with prices consolidating as the market awaits more clarity on the outcome of U.S.

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Commercial crude-oil stockpiles are expected to have fallen by 800,000 barrels to 421.4 million barrels in the week ended July 18, according to the average estimate of 10 analysts and traders. Seven ...

MIT engineers have developed a novel membrane-based method for separating crude oil components that could reduce the energy used in refining by up to 90%, potentially transforming the global fuel ...

Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry. A barrel of oil now sells for less than most companies’ break-even point.