There is only 1 trading day remaining before the US midterm elections and the Trump administration has pledged to resume the ...

The farmout "paves the way for a quick appraisal campaign and subsequent development of Egina South in the success case,” ...

Valero Energy Corp. plans to acquire a former LyondellBasell Industries NV Houston refinery and restart 165,000 b/d of light sweet crude oil processing by yearend 2027. Valero Refining-Texas LP has ...

Vice-chairman Mark Nelson told analysts the operator is targeting about 20 wells annually because its opportunity set around the world is “the largest and highest-quality I have seen in years.” ...

There were 154 rigs drilling for oil in Canada, up 2 from last week. The number of rigs drilling for gas increased by 3 to 68. Both counts are up from last year at this time.

The wells will boost production at the Perdido spar and are expected to collectively produce up to 6,000 boe/d at peak rates.

Woodside will supply QatarEnergy with up to 3 million tpy of LNG for 20 years from its Louisiana LNG project, with deliveries ...

Higher refining margins, improved realized LNG prices, and increased gas production supported the results despite continued disruptions to Middle Eastern energy supplies.

At 410.6 million bbl, US crude oil inventories are 4% below the 5-year average for this time of year, the EIA report ...

After a quarter in which their teams turned in line 59 wells, executives plan to be patient and wait for prices to rise.

"High production in the third quarter enabled us to capture additional value from higher prices," said Anders Opedal, Equinor ...