The deal to acquire Sinochem Petroleum Netherlands, which indirectly owns a 40% interest in the Peregrino field, has been ...

Agreement will accelerate the initial scope of 144 unconventional wells for delivery by 4Q25 with potential for significant ...

US based oil company Devon Energy has completed its acquisition of Grayson Mill Energy assets in a deal valued at US$5 billion in cash and stock, says GlobalData. This acquisition significantly ...

A global exploration company’s decision to cease its search for new gas supply in Victoria’s Otway Basin is a major blow to ...

OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...

The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.

Interocean Marine Services (Interocean), has announced it will receive ABS and DNV approval for ultrasonic thickness ...

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, reports Reuters.

Saudi Arabia is preparing to increase its oil output to regain its market share, with abandoning its required oil price part ...

It was reported earlier this week that several US oil companies were working to evacuate their staff from oil production ...

As of 8:00 a.m. eastern time on 26 September, Hurricane Helene was expected to make landfall as a Category 3 hurricane on the ...

Trinidad and Tobago has named Shell as the preferred bidder for a coveted shallow water block, reported Reuters, citing ...