Oil markets continue to react to geopolitical events and the Chinese economy while seemingly switching focus daily.

North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday.

Shell Offshore let an engineering, procurement, construction, and installation contract for work on the newly sanctioned Silvertip Phase 3 project in the US Gulf of Mexico.

Woodside received environmental approval for the North West Shelf project extension from the Western Australian Government.

OGDCL made a gas and condensate discovery in the Bettani-02 (Slant) well in District Laki Marwat, Khyber Pakhtunkhwa Province.

Petronas CCS Solutions awarded Registro Italiano Navale a preliminary front-end engineering and design contract to support development of the operator’s carbon capture and ...

US Energy Corp., Houston, has agreed to sell most of its oil and natural gas assets in East Texas to an undisclosed buyer for $6,825,000.

Aker BP encountered a dry hole in the first exploration well in production license 932 in the northern part of the North Sea. Aker BP encountered a dry hole in the first exploration well in production ...

INEOS, with partners Harbour Energy and Nordsøfonden, has taken final investment decision on the first commercial phase of ...

Enilive, alongside partners Petronas Mobility Lestari and Euglena of Japan have enlisted Samsung E&A to serve as main ...

Imperial Oil Ltd., Calgary, set its 2025 capital and exploration expenditures budget at $1.9-2.1 billion (Can.), noting key ...

Shell Offshore Inc., a subsidiary of Shell plc, has taken final investment decision (FID) to proceed with the Phase 3 ...