News

The global oil industry has been on alert since oil prices dropped below $60/bbl. Investment in the US Lower 48 tight oil ...
Uncertainties surrounding US President Donald Trump’s tariff policies disrupted the markets' initial trajectory and raised ...
The decision follows nonrenewal of an offtake agreement for the unit’s ethylene production by a long-term, third-party ...
Crescent Energy Co. has closed on a deal to sell non-operated Permian basin assets to a private buyer for $83 million in cash as part of a plan to reduce debt.
TotalEnergies signed a heads of agreement with Energia Natural Dominicana for delivery of LNG to support electricity generation in the Dominican Republic.
TotalEnergies has awarded two new engineering and procurement framework agreements to consulting and engineering firm Wood to advance Ratawi field development in Iraq.
Management estimates indicate 56 million bbl oil in place of which about 25 million bbl are considered recoverable, the company said.
Vista Energy has acquired a 50% interest in the La Amarga Chica block in Argentina’s Vaca Muerta shale formation from ...
Chevron has started producing oil and natural gas from the Ballymore subsea tieback in the deepwater Mississippi Canyon area ...
The 11th National OCS program will replace the current 10th Program (2024–29), which includes only three oil and gas lease ...
ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...
ADNOC has signed a long-term agreement to supply ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas Co. Ltd. Under the SPA, ADNOC will supply about 1 million tonnes/year (tpy) ...