The U.S. Treasury has rejected an Xtellus-led bid for Lukoil’s $22 billion foreign assets, citing sanctions restrictions on ...

Lukoil offered to sell the assets after the U.S. imposed sanctions on it and Kremlin-controlled rival Rosneft in ⁠October to try to push Russia towards a peace deal with Ukraine ...

Shale’s next frontier is boosting recovery rates, as productivity declines across major basins and drilling efficiency gains ...

O iapoque is a sleepy town on the edge of the Amazon basin in Brazil’s northernmost tip. On weekdays fishermen haul their ...

LONDON, Dec ‌15 (Reuters) - ​The U.S. ‌Treasury has rejected ​an offer ‍from U.S. bank ​Xtellus ​to ⁠buy foreign assets of ...

Turkey's military incursion into Syria is not merely another chapter of cyclical violence, but rather a calculated move based ...

Linde, Newmont, and Freeport-McMoRan are top XLB holdings, each positioned for earnings growth and strong free cash flow.

Kazakhstan expects a court ruling by the end of the year on its $3.5-billion arbitration case against international oil ...

Separately, the Gorgon Joint Venture’s partners authorized the A$3 billion ($1.98 billion) Gorgon Stage 3 project off the ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries ...

Oil prices are having a down year. Brent, the global benchmark price, has fallen 15% to around $63 a barrel. That slump has ...

Rystad Energy sees SMID-cap shale facing tougher M&A, favoring mergers of equals; watch Permian Resources, Matador, Coterra and Ovintiv.