Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...

The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural ...

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays, wells, ...

The agreement, which builds on a memorandum of understanding signed in April, is a step toward a final investment decision that could be finalized by yearend, said YPF CEO ...

The Kavango West 1X well, the second test in the Damara Fold Belt play, will be drilled to a planned total depth of about 3,800 m targeting the thick Otavi carbonate ...

The approved plan totals $57.74 million over the first 3 years, including $13.96 million in surface infrastructure and $43.78 million for drilling and development operations.

The chief financial officer of SM Energy Co., Denver, said this week the company would like to grow its presence in Uinta ...

In her position, she will be responsible for offshore development, which includes promoting cooperation in the industry, in ...

Terms follow the signing of a Memorandum of Understanding in September 2024 to evaluate hydrocarbon exploration in the Shamakhi-Gobustan regions.

The agreement between TotalEnergies and Shell will see both parties add equity to operated positions in Gato do Mato and Lapa ...

Britain currently imports nearly 2/3 of its gas requirements from Norway, with Equinor being the major supplier.

The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks, Petrobras said in a release June 4.