Oil prices have exceeded $100/bbl as the Iran war escalates further. A few weeks' closure of the Strait of Hormuz could push ...
The Cooper basin joint venture partners have committed over $600 million to replace aging compressors with a centralized ...
The US Outer Continental Shelf harbors vast undiscovered hydrocarbon resources, with potential for sustained energy production for more than 100 years on current production ...
The proposed rule change aims to lower bond requirements for offshore oil and gas producers, especially benefiting small businesses, but faces criticism from environmental ...
The rig count in Canada is down 9 rigs to 205 working for the week. In the US, a 1-rig increase brought the rig count to 551.
Despite initial market volatility, oil storage levels and pre-positioned supplies have mitigated immediate price shocks.
The deal moves Argentina into long-term LNG exports, with plans to produce up to 6 million tpy from offshore floating ...
The STRATOS project in Ector County is in the final stages of startup, with Phase 2 commissioning beginning soon.
The potential third phase involves drilling two additional wells aimed at enhanced recovery while maintaining modest capital ...
The oil production adjustments come at a time of heightened geopolitical uncertainty, with tensions in the Middle East ...
The company has spudded the SJ‑12 well on the Brazilian equatorial margin, on the coast of the state of Maranhão.
Broader infrastructure risks are emerging as regional attacks threaten production in Qatar, Saudi Arabia, and Iraq, while ...