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 proposed rule change aims to lower bond requirements for offshore oil and gas producers, especially benefiting small businesses, but faces criticism from environmental ...

The operator's CEO said the company designed the well so that the well bore could be used to drill a development well into a known productive area if the sands were ...

The US Outer Continental Shelf harbors vast undiscovered hydrocarbon resources, with potential for sustained energy production for more than 100 years on current production ...

In addition to the new oil-producing wells, newly encountered reservoir intervals will be considered in the next evaluation of reserves and could add to the ultimate ...

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 STRATOS project in Ector County is in the final stages of startup, with Phase 2 commissioning beginning soon.

The deal moves Argentina into long-term LNG exports, with plans to produce up to 6 million tpy from offshore floating ...

The potential third phase involves drilling two additional wells aimed at enhanced recovery while maintaining modest capital ...

The conflict has caused a surge in Brent and WTI crude prices, with partial normalization after US government intervention. Shipping and refining markets face significant ...