Attacks on Iran’s key energy assets, including the South Pars gas field, have heightened fears of prolonged conflict, impacting regional security, energy trade routes, and ...

Global oil market instability, including disruptions in the Strait of Hormuz, threatens to push gasoline prices even higher, with possible implications for inflation and ...

The recent lease sale in Alaska's National Petroleum Reserve set new financial and industry participation records, with 430 bids from 11 companies on 187 tracts. The event ...

The Copoazu-1 well, drilled about 36 km from Colombia's coast, confirmed the presence of gas in multiple intervals, with further laboratory analyses planned to characterize ...

The attacks have cast uncertainty over Qatar’s North Field East expansion, potentially delaying additional capacity and ...

The acquisition enhances Klesch's refining assets in Europe, complementing existing complexes in Denmark and Germany, as bp ...

The temporary suspension allows more international tankers to transport oil and gas to US ports, addressing logistical bottlenecks, but faces limitations due to refinery ...

At 449.3 million bbl, US crude oil inventories are about 1% below the 5-year average for this time of year, the EIA report indicated.

In a move to expand its assets, Petrobras plans to acquire a 50% stake in two Campos basin fields from Petronas, with the goal of obtaining 100% ownership.

Eni SPA has committed to developing deep water gas hubs in Indonesia, with FIDs for the South and North Hubs, including ...

The operator's recent discovery adds to ongoing exploration efforts that include plans to drill 1-2 wells per year to ...

The agreement covers maintenance, repairs, and engineering advisory for 64 aeroderivative gas turbines supporting offshore FPSOs and the REPLAN refinery.