New World Development Co. will issue up to $1.9 billion of new debt in an exchange offer for some of its outstanding notes that includes as much as a 50% haircut for perpetual bond holders.

Global commodities prices are on track to fall to their lowest level in six years by 2026, as weaker demand, a widening oil ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

As the US intensifies sanctions on Russian oil, China is significantly increasing its crude-oil reserves, potentially ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

The world needs more investment in oil and gas as they will continue to account for a large part of the global energy mix in 2050, OPEC Secretary General Haitham Al Ghais said on Wednesday, ...

Going against conventional wisdom, explorers at a Norwegian energy company drilled horizontally to find oil in an abandoned natural gas field. A model of a giant rig called the DeepSea Stavanger that ...