Partnering with Stonepeak in a US$10.1 billion transaction to support Castrol's next phase of growth TORONTO, Dec. /CNW/ - ...

BP is nearing a sale of a majority stake in its Castrol lubricants unit to investment firm Stonepeak in a deal that values the entire division at $10 billion, including debt, the Wall Street Journal ...

Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and Russia. Brent ...

Malaysian state-owned energy firm Petroliam Nasional said on Wednesday it would supply Chinese offshore oil and gas company CNOOC with 1 million metric tons per annum of liquefied natural gas (LNG).

The United States told the United Nations on Tuesday it will impose and enforce sanctions "to the maximum extent" to deprive ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...

Venezuela's state-run oil company PDVSA has started filling up tankers with crude and fuel oil it has in storage as inventories mount amid moves by the U.S. to seize Venezuela-linked ships, according ...

Indigenous communities across British Columbia are playing a critical role in building the foundation for LNG—from natural gas supply to pipeline corridors and export terminals—helping drive momentum ...

Calfrac Well Services Ltd. ("Calfrac" or the "Company") (TSX: CFW) is pleased to announce that it has closed its previously announced offering of rights (the "Rights Offering") to the holders of commo ...

Oil prices held steady on Tuesday after rising more than 2% in the previous session, as the U.S. said it might sell the Venezuelan crude it has seized, while Ukraine's attacks on Russian vessels and ...

U.S. President Donald Trump said on Monday it would be smart for Venezuelan President Nicolas Maduro to leave power, and the United States could keep or sell the oil it had seized off the coast of ...

CALGARY, AB, Dec. /CNW/ - Strathcona Resources Ltd. ("Strathcona") today confirmed the payment of its previously announced special distribution and provided further details regarding its pro forma ...