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

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 ...

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 ...

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 ...

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

US crude oil inventories fell by more than expected in late September, dropping by 4.34 million bbl, reported the American Petroleum Institute (API).

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