In EIA’s forecast, increasing oil production outpaces annual oil demand growth. Rising inventories globally will result in ...

On May 6, on a call to discuss first-quarter earnings and operations, the to-be chief executive told analysts not to expect ...

Beacon Offshore Energy LLC, Houston, along with its Gulf of Mexico Wintershall development partners, are evaluating a future sidetrack to produce reserves after remediation of the Winterfell-3 well ...

The deal, signed with “a major Asian energy company,” will see Commonwealth supply 1 million tpy of LNG for 20 years, the company said in a release May 5.

In separate releases May 5, the companies both pointed to the complementary asset base that “enables advantaged fuel supply ...

Petrobras began commercially operating the complex’s second 10.5-million cu m/day processing train, bringing the Boaventura ...

Teams will develop 25 fewer wells than previously forecast in 2025 in the Delaware and Eagle Ford. The company also recently ...

If confirmed, Abbey, a former staffer of the Senate Energy and Natural Resources Committee, would head the 350-employee group ...

This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.

Hirstius will take on the additional role following Gretchen Watkins’ plan to step down, effective July 31, 2025. Watkins has served as president, Shell USA, since July 1, ...

The new unit, MKII, is under construction at a shipyard in China and is scheduled to arrive in Argentina in 2028.

The development project targets 123 million bbl of 2P reserves (management estimates), with potential additional resources from other reservoirs to be appraised along the ...