OMV has validated the commercial potential of the Essar discovery in Libya's Sirte basin, estimating recoverable resources up ...

The deal includes over 65,000 MMcfd equivalent production, about 1,000 gross operated wells, and an operated CCS project.

A future signed agreement would allow Continental to operate the 126,000-acre Ayacucho 2 Block with a 100% working interest, ...

A large crude oil product tanker ship on the high seas transporting oil and petroleum products around the world. Crude markets are settling into a prolonged period in which supply disruption is a ...

The rollback of federal greenhouse-gas standards by the EPA is set to accelerate natural gas power plant development, driven ...

The US Treasury Department Sept. 14 amended Venezuela’s sanctions license to prevent unauthorized changes to the governance ...

High bids in Wyoming were concentrated in the northeastern portion of the state in Converse and Campbell Counties. In 2024, ...

Plains said the purchase will increase the company's operational footprint, providing producers with better access to crude oil transportation networks.

Ukrainian drone strikes are increasingly targeting Russian oil refineries, causing major damage, lengthening repair times, ...

The International Energy Agency said oil demand will not return to its prewar level of about 106 million b/d until late 2027, ...

TotalEnergies plans to fast-track development of a new oil discovery offshore Angola while expanding its exploration footprint in the Lower Congo basin. Patrick Pouyanné, chairman and chief executive ...