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 ...

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 ...

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

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.

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.

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

Hurricane Helene is the strongest hurricane to make landfall in the US this hurricane season. The other three named storms that made landfall so far this hurricane season (Beryl, Debby, and Francine) ...

Reuters has reported that the US Federal Trade Commission is expected to greenlight US oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving ...

The US Bureau of Safety and Environmental Enforcement (BSEE) has estimated that almost 30% of Gulf of Mexico oil activities are now shut-in as the body’s Hurricane Response Team continues to monitor ...

According to several US news outlets, analysts had expected a drop of just over 1 million bbl. For the prior week, the trade association for the oil and natural gas industry reported an increase of ...