Shell will acquire a 30% stake in the Bay du Nord offshore oil project in Newfoundland, with Equinor remaining the operator.

Engineers India Ltd. will oversee project management and engineering services for the proposed Lamu refinery, which will have ...

The Ginger development, located off Trinidad's southeast coast at depths up to 90 meters, will feature four subsea wells tied back to the Mahogany B platform, with a peak ...

Market volatility increased as geopolitical tensions in the Middle East and hurricane preparations in the US Gulf led to ...

The Douglas CCS platform will capture CO2 from North West England and North Wales industries, transporting it via repurposed ...

The separate projects—both scheduled for startup by 2028—align with Rompetrol Rafinare's broader strategy to reduce carbon ...

Construction of the Marine Works for the New Oil Terminal under an Engineering, Procurement and Construction (EPC) Contract ...

Equinor Energy AS discovered gas at Gullfaks South field, 190 km northwest of Bergen, in the North Sea. Exploration well 34/10-D-4 BH was drilled by the Askeladden rig as a sidetrack in connection ...

Following a series of acquisitions since June 2023, Crescent Energy said it will become the second-largest Eagle Ford ...

Executives said the restructuring will lower Chevron's Bakken cost structure while positioning Hess Midstream as an independent multibasin operator.

At 424.1 million bbl, US crude oil inventories are 1% above the 5-year average for this time of year, the Energy Information Administration report indicated.

New capacity outside the Middle East offsets some losses, but inventories remain low, raising winter risk concerns.