US drilling activity increased this week with a 5-unit gain. For the week ended Feb. 6, there were 551 rigs working in the US ...

Following a recent MoU with ExxonMobil, TPAO is working to advance its exploration efforts in the Black Sea with the aim of ...

TotalEnergies and Petrobras have acquired interests in an 11,000 sq km offshore exploration block in Namibia's Lüderitz basin ...

Crude oil prices fluctuated within a range, with WTI reaching $65.55/bbl and Brent hitting $69.75/bbl, but both settled lower week-on-week amid geopolitical tensions.

The company completed a front-end engineering study for a GTG plant in Texas but decided to suspend development amid "changing market conditions." ...

The $25-50 million contract involves DOF's North American team managing project execution, engineering, and vessel services to deliver chemical fluids into subsea wells in ...

The LNG plant under construction near Squamish is progressing with module deliveries, aiming for operations to commence in 2027.

A recent agreement between Equatorial Guinea and Cameroon marks a step toward joint development, unifying Yoyo-Yolanda fields ...

The exploration in Bulgaria's Black Sea continues despite a dry well at Vinekh prospect, with ongoing evaluations and plans ...

Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator ...

Vaalco Energy is divesting its Canadian assets to fund growth in core areas with "significant drilling campaigns and ...

The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year while lowering ...