Chevron is nearing a deal to operate two giant oil fields holding billions of barrels of heavy oil in Venezuela’s Orinoco ...

A new U.S.-Venezuela oil agreement covers 17 fields containing approximately 65 Bbbl of proven reserves, with North American ...

Two oil supertankers attempting to exit the Strait of Hormuz were reportedly struck by projectiles as renewed U.S.-Iran ...

Comstock Resources has announced a $1.65 billion strategic partnership with SOCAR and a $450 million drilling venture with Jerry Jones to accelerate development of its Legacy and Western Haynesville ...

Viridien has launched an 18-month subsurface study covering approximately 60,000 km² of onshore Sabah, working with Petronas to assess hydrocarbon prospectivity and identify potential oil and gas ...

SLB will acquire thermal management provider Kelvion in a $4.1-billion deal, significantly expanding its data center ...

Helix shareholders have approved the company's all-stock combination with Hornbeck Offshore Services, clearing the way for ...

Subsea Cable Assets has launched a cable carousel rental service with new 4,000- and 6,000-ton systems for handling cables, ...

CB&I Asset Solutions has secured a three-year contract to operate and maintain an FPSO offshore Côte d’Ivoire, an award the company classifies at between $50 million and $100 million.

(Bloomberg) – The U.S. plans to use its newfound assertion of control over billions of barrels of Venezuelan crude oil to refill the nation’s depleted emergency reserve, President Donald Trump said ...

(Bloomberg) – OPEC’s decades-long influence over global oil markets is facing renewed pressure as founding member Venezuela considers leaving the producer group, just months after the United Arab ...

(WO) — Etu Energias has signed an agreement to acquire Chevron’s interests in two producing deepwater blocks offshore Angola for $260 million, giving the Angolan company a majority interest in Block ...