At 445.0 million bbl, US crude oil inventories are about 2% below the 5-year average for this time of year, according to EIA.

The state-owned company is gradually resuming the unit operations to increase local gasoline and LPG production, aiming for ...

MidOcean Energy attracted a $120 million investment from TAEF, with plans to expand its LNG operations and raise additional capital.

The two projects add profitable production in licenses with proven reserves and multiple growth opportunities, said Carl Arnet, chief executive officer.

The Falkland Islands-area development is progressing with onshore infrastructure and offshore drilling preparations, while ...

Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Exploration well 15/6-17 will be drilled in production license by the Scarbeo 8 semisubmersible ...

Whether you’re responding to service failures, compliance pressures, or business expansion, changing security providers is a ...

Production follows the 2023 discovery, one of Austria's largest in four decades. Once fully developed, Wittau is expected to double OMV's gas production in the country.

The operator has sanctioned the project aimed at increasing production from Thunder Horse oil field in the Gulf of Mexico.

The US Energy Information Administration projects industrial natural gas consumption will hit new records through 2027, ...

The US Senate on May 18 confirmed David LaCerte for a second term as Commissioner at the Federal Energy Regulatory Commission ...

Hibiscus Oil & Gas Malaysia Ltd. let a contract to Velesto Drilling Sdn Bhd for a jack-up drilling rig for Hibiscus’ 2026 offshore drilling campaign in Malaysia. The scope of wo ...