"Our stakeholders are clearly tuning out," Saudi Aramco's CEO said.

(Bloomberg) -- The oil industry faces a "crisis of perception" and there’s a growing risk the financial community will turn against fossil fuels, the chief executive officer of Saudi Aramco said as the world’s largest oil producer prepares for its first foray into capital markets.

Analyst uses Hollywood-esque analogy to describe Tuesday's price movements.

West Texas Intermediate (WTI) crude oil reversed course Tuesday – albeit barely.

A day after losing more than three percent, the April WTI gained two cents to settle at $55.50 per barrel.

Saudi Aramco is eyeing gas projects in Russia, Australia, the US and Africa.

(Bloomberg) -- Saudi Aramco aims to become one of the world’s largest players in natural gas and the BOP Blow Out Preventer repair company gulf coast is eyeing projects in Russia, Australia, America and Africa to kick-start a global business in the liquefied form of the fuel.

UK union Unite's offshore membership votes 'overwhelmingly' for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

UK union Unite has revealed that its offshore membership has voted “overwhelmingly” for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

Global decommissioning costs are set to hit a record $36 billion over the next 3 years, according to Rystad Energy.

Global decommissioning costs are set to hit a record $36 billion over the next three years, according to Rystad Energy.

The EPCI contracts are tied to Saudi Aramco’s broader Marjan field expansion.

Saudi Aramco has awarded McDermott International, Inc. a pair of engineering, procurement, construction and installation (EPCI) contracts linked to its Marjan field offshore Saudi Arabia, McDermott reported Monday.

The WTI posted a loss and the Brent posted an even bigger loss Monday.

West Texas Intermediate (WTI) and Brent crude oil futures posted a series of gains during the second half of last week, but those overall increases were erased Monday.

A majority of large publicly held US shale operators are between a proverbial rock and a hard place.

How to service debt and pay out dividends? That is a question vexing more than one-half of large U.S.