Eight OPEC+ members have been rapidly unwinding a set of voluntary production cuts in recent months. These output trims were implemented separately from the broader OPEC+ group's production policy. The eight nations include OPEC+ heavyweights Russia and Saudi Arabia,

Natural gas has become a go-to fuel for power plants from coast to coast, sometimes replacing dirtier coal-fired plants and, by extension, improving air quality.

Portugal's Galp expects to boost its oil and gas production in Brazil by around 40% over the next few years, when the promising offshore field Bacalhau reaches peak output, executive board member Nuno Bastos told reporters.

The company can maintain key infrastructure but is barred from importing oil from the South American country.

Union Oil Co., the 76 gasoline brand’s former owner, helped finance Dodger Stadium’s construction. The brand’s current owner, Phillips 66, remains a major sponsor. Through six World Series titles, orange-and-blue 76 logos have been a constant presence at Chavez Ravine. They tower above the scoreboards and grace the outfield walls.

Indonesian investigators have invited Singapore-based oil traders to meet in the city-state next week as part of a $12 billion corruption probe into state-owned oil firm PT Pertamina.

A factory for manufacturing offshore wind turbine components could be built on part of a former oil terminal on the Cromarty Firth. Global Energy has proposed the facility, which would be almost 17,000 sq metres (182,986 sq ft), for its Port of Nigg.

Kazakhstan's Energy Minister Erlan Akkenzhenov said on Thursday that an oil price above $70-$75 per barrel is likely to be suitable for all countries.

Saudi Arabia’s sliding stocks are on course to be the worst performers globally this month as falling oil prices prompt concerns of slower spending on mega projects in the kingdom.