The US Outer Continental Shelf (OCS) holds mean undiscovered technically recoverable resources (UTRR) of 65.8 billion bbl of oil and 218.43 tcf of natural gas, the US Bureau of Ocean Energy Management ...

Traders now have to worry about events over the weekend that could further increase prices while the market is closed.

Petronas North Ketapang Sdn. Bhd. made its first hydrocarbon discovery at the Barokah-1 exploration well within the North ...

Canada's count declined, attributable to downed oil rigs, while the US saw slight increases in total rigs amid overall ...

Chevron Cyprus contracted Worley to provide front-end engineering design and procurement services for the Aphrodite offshore gas development, building on Worley’s pre‑FEED ...

Argentina is expanding LNG export capacity through the addition of a second floating LNG (FLNG) vessel as part of a midstream development led by Southern Energy, a joint venture comprised of Pan ...

The company drilled the Magoga-A well and a sidetrack into the Atora license, discovering 8 m of hydrocarbons in the Gamba ...

Amid geopolitical tensions in the Middle East and oil supply disruptions, the US has implemented temporary sanctions waivers, ...

A group of 40 US oil and gas producers and refiners reported combined fourth-quarter 2025 net income of $20.2 billion, up from $16.8 billion in fourth-quarter 2024, even as total revenues edged down ...

Trailblazer adds to its position in South Texas, acquiring 29,806 net acres and over 100 drilling opportunities, including ...

Mabruk Oil Operations, a joint-venture operating company, restarted production at Mabruk oil field in concession C17, about ...

About 20 million b/d of crude oil and petroleum products transit the Strait of Hormuz, linking Persian Gulf producers—including Saudi Arabia, Iraq, Iran, the United Arab Emirates... Eni's projects at ...