At 426.7 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.

Global oil demand growth is weakening, with projections for 2025 revised downward, while supply is expanding rapidly, leading ...

A well services contract between ConocoPhillips and Halliburton is aimed at improving well performance and reservoir ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Recent seismic advancements, including AVO analysis, have redefined Alaska's Umiat field potential, revealing deeper ...

BKV Corp. has agreed to acquire Barnett Shale assets from Bedrock Production LLC for approximately $370 million, adding ...

TotalEnergies plans to explore the Deep Western Orange Basin offshore South Africa, drilling up to seven wells targeting prospects similar to major nearby discoveries.