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 ...

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.

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 ...

The leaders of Permian Resources Corp., Midland, have added about 3% to their full-year targets for both oil and total ...

India’s foreign ministry said in a statement that “the targeting of India is unjustified and unreasonable.” The ministry ...

The Minister of Energy authorized the participation of BCPR, a Bangchak Group affiliate, by issuing Supplementary Production Sharing Contract (No. 1). Chevron has transferred 30% of its rights and ...

DNO Norge AS has been granted a drilling permit in production license (PL) 1086 in the North Sea by the Norwegian Offshore Directorate. Wildcat well 2/6-8 S will be drilled south of Stavanger by the ...

The vessel, MKII, will be deployed off the coast of Río Negro, Argentina, by late 2028 and will operate alongside Hilli ...

Production from Yellowtail’s One Guyana FPSO joins Destiny, Unity, and Prosperity FPSO production to bring total installed ...