The global imbalance between oil supply and demand is set to halve in May, according to Rystad Energy.

Hossein Kazempour Ardebili is in a coma after a severe brain hemorrhage.

But there is a lot of upward momentum in supply that needs to be reversed.

Oil and gas industry-focused cloud software firm exec observes similarities and differences between two historic episodes.

Oil was headed for the longest run of daily gains in more than nine months.

Oil's recovery from last month's epic plunge accelerated as production cuts start to whittle down a supply glut.

Oil's rally ran out of steam after prices doubled over five days.

Futures in New York fell 2.3 percent Wednesday, after doubling in value from a week ago.

The oil price has been predicted to hit $100 per barrel in around 18 months.

The job losses were expected to occur on April 29.

The deal doubles Intrepid's directional drilling capabilities in North America.

Full contract awards are expected shortly for key Phase 1 workstreams.

A subsidiary of Borr Drilling sold two standard jack-up rigs for $15.8 million, including the associated backlog from April 1, 2020.

Petrobras is the operator with a 35 percent interest.

The cuts affected base payments by as much as 20 percent.

Effective May 4, he will oversee the company's US resource play businesses.

Shell has agreed to sell its Appalachia shale gas position to National Fuel Gas Co. for $541 million.

Total SA set out bolder commitments to eliminate most of its carbon emissions by 2050, while curbing spending on oil and gas projects due to the crude-price slump.

The merger of Wintershall and DEA came at exactly the right time, according to the chairman of the board of executive directors at Wintershall Dea.

BP has been notified by ExCeL London that the venue will not be available to host the company's annual general meeting this year.

Oceaneering International reported that it has successfully completed an integrated rig services campaign for Apache offshore South America.

Occidental Petroleum Corp. took a $1.4 billion writedown related to an investment in a pipeline affiliate.

Petrofac has been awarded two three-year renewals in the UK worth a combined total of more than $100 million.

He succeeds John Whelan, who has been named VP, Global Heavy Oil, ExxonMobil Upstream Oil and Gas.

HighPeak will operate as an independent oil and gas company with a focus on the Midland Basin.

This photo shows a view of the Johan Sverdrup field offshore Norway. Photo by Ole Jørgen Bratland. PHOTO SOURCE: Equinor

The find is roughly 2 billion years older than any other known fungus fossil.

The demise of megalodon coincided with the loss of a third of the largest marine animal species, scientists say.

The 50,000-year-old, perfectly preserved forest is showcased like never before in a newly released documentary.

Frozen remains found in Swiss glacier of couple who disappeared 75 years ago while hiking in the Alps.

Archaeologists have uncovered new evidence that could push the date of human habitation in Australia back possibly as far as 80,000 years ago.

While hiking in New Mexico's Las Cruces desert, Jude Sparks tripped over a stegomastodon skull.

Researchers trace back the origin of all flowering plants to a single ancestor using a sophisticated data crunch.

Scientists have uncovered the mystery of beak evolution.

Ancient marine reptile sheds light on the origins of the distant relatives of modern crocodiles.

Neanderthals might be extinct, but their genes still live on inside of us.

Loving animals may have been passed down genetically from ancestors who appreciated their services.

New research seems to demonstrate that iridium, a rare metal found in meteorites, can kill cancer cells.

The discovery of rare pterosaur eggs is being heralded as one of the most extraordinary discoveries in paleontology.

Learn about the natural world past and present at these outstanding museums

The finding indicates that life on Earth began much earlier than previously thought.

Surprising evidence linking Australia and Canada reminds us that our planet is a dynamic place.

The 100-million-year-old sandstone slab of 70 mammal and dinosaur tracks from the Cretaceous period is one of the rarest ever discovered.

It's called dendrochronology, the study of data culled from the growth patterns of trees. And it can tell us a lot.

A Sitka spruce on Campbell Island may be the 'golden spike' that denotes the controversial beginning of the Anthropocene epoch.

A paper hypothesizes that some of our language skills evolved out of specific cave art features.

Triassic fossils found on lands that were previously part of Bears Ears National Monument could fall under 'multiple-use' management.

The archaeological site is located a mere 900 feet off Manasota Key in Florida.

Hard-working 'apple detectives' in Washington and Idaho rediscovered 5 types of apples thought to be extinct.

New genetic evidence shows that Solenodons survived the asteroid impact that wiped out the dinosaurs.