Ron Bousso

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said.

Robert Harvey and Ron Bousso and Marwa Rashad Updated 2 min read By Robert Harvey, Ron Bousso and Marwa Rashad

Ron Bousso and Marwa Rashad 2 min read In this article By Ron Bousso and Marwa Rashad

Woodside Energy's CEO said that the company expects to have several partners in its Louisiana liquefied gas project by the time it gives financial approval to the U.S. Project, which is expected to be the first quarter of 2020.

The CEO of Israel-focused gas producer Energean on Thursday urged Israel to issue new offshore oil and gas exploration licences to meet rising demand in the region.

Northwest European diesel profit margins rose towards $18 a barrel on Friday following a drop in regional inventories as imports were set to decline.

Northwest European diesel profit margins softened by around 50 cents to $17 a barrel on Wednesday after data showed a much larger than expected build in U.S. inventories.

BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.

Ron Bousso 2 min read In this article By Ron Bousso

The 50-50 venture, called JERA Nex BP, will include operating assets and development projects with a potential generation capacity of 13 gigawatts, the two companies said in a statement.