Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...

Seismic mapping has delineated robust, dip and fault‑bounded structural closures. Seismic data interpretation has also highlighted direct hydrocarbon indicators in the area, ...

The development project provides for the interconnection of 15 wells to the P-83 platform. Eight wells are are producers and seven wells are alternating water and gas ...

"This is broader than just offering quarterly lease sales. The agency is compressing the time-lines and plans to no longer defer parcels prior to completing all National ...

Petronas subsidiaries signed the PCS and will undertake an initial 3-year work commitment including three geological and geophysical studies, as well as the acquisition and ...

Occidental’s Vicki Hollub says pullbacks in capital spending could mean production in the prolific basin tops out as soon as ...

Asia Pacific remained the largest exporting region with 138.91 million tonnes in 2024, up 4.10 million tonnes from 2023.

It is NMFS’ biological opinion that the proposed action is likely to jeopardize the continued existence of the Rice’s whale” ...

Under the contract, Velesto’s NAGA 4 jack-up rig will undertake drilling activities for more than 40 wells. Operations are ...

The storage tank had been offline for nearly 3 years after LNG piping to the tank was damaged in a June 8, 2022, explosion at ...

At 443.2 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report ...

The assessment includes a geologic grouping in southwestern Wyoming and parts of Colorado and Utah containing deposits of a shallow, prehistoric ocean which covered most of ...