At 426.5 million bbl, US crude oil inventories are about 5% below the 5-year average for this time of year, the EIA report ...

The deal, pending regulatory approval, builds on existing collaborations in the Campos basin presalt, including the Jaspe and ...

The North Slope assets the company plans to purchase include the Nutaaq Pipeline and 90,000+ acres adjacent to holdings it is ...

The acquisition includes interests in key PSCs in Peninsular Malaysia and Sarawak, with EnQuest assuming operatorship in ...

Oil demand is projected to decline in 2026 due to high fuel prices and reduced availability, but a rebound is anticipated in ...

Shell is in the early stages of exploring for offshore oil and gas in PEL 0039. Eugene Okpere, a Shell EVP, said "these are ...

Coral North is designed as an enhanced replica of Coral South, the first development in Mozambique’s Area 4 offshore gas ...

With the Strait of Hormuz effectively closed and US-Iran tensions still unresolved at the time of writing, global energy ...

A self-learning optimizer improved gas production while cutting gas lift usage by 44% across five Delaware basin wells ...

Chlorine dioxide restimulation boosted bottom-hole pressure and recovery in Permian wells, improving performance by breaking ...

Analysts say that, if hostilities end, OPEC countries are likely to ramp up production to or near their maximum capacity.

Despite keen interest and competitive bidding—by majors and independents—at another recent BLM sale in Alaska, only two ...