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Coelacanth posted $1.59 million in net loss for the second quarter.

Lowest temperatures of the year expected throughout the week should not be as detrimental to Texas' oil and gas production as Winter Storm Uri.

Oil reserves also dropped, putting pressure on the president to rethink his ban on new fossil fuel exploration.

An imminent Colombian government tally of the nation's oil reserves is expected to show a decline.

“We'll certainly take measures to ensure environmental sustainability, but also economic sustainability.”

The discovery comprised light oil and gas reaching up to 825,000 cubic feet per day.

The agreed acquisition price is around $200 million, plus an additional carry of $110 to 120 million over a two-year period, associated with certain exploration activities.

Colombia's government is asking the Constitutional Court to review the impact of its ruling against the ban on fossil fuel companies deducting royalty payments from the corporate tax.

Colonial Pipeline Co. resumed service to a vital conduit that supplies fuel to the US Northeast.

Colonial Pipeline Co. halted operations on a critical conduit.