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

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

Last year, Gulf countries exported nearly 1.5 million b/d of LPG through the Strait of Hormuz. By April, those flows had ...

Glenfarne Alaska LNG has signed a 30-year gas sales agreement with ConocoPhillips, supporting the project's first phase and moving the project closer to a final investment ...

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 ...

The Pikka project on Alaska’s North Slope has begun oil production. Initial output is set to increase steadily, reaching a ...

The operator is moving ahead with two projects designed to expand its Permian basin and US Gulf Coast midstream capabilities.

A recent poll reveals varied industry opinions on the timeline for restoring oil and gas supplies after damage from the Iran ...

Phoenix Energy accelerated its Williston basin development in early 2026, with 22 wells brought into production and record oil output.

The company plans to drill the T-200 well in the Badr Oil Field, focusing on a naturally fractured reservoir with lighter oil.

US crude oil inventories fell by 4.3 million bbl last week, bringing total stocks to 452.9 million bbl, slightly below the ...