At 426 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...

Fram Sør will be developed as a subsea tie-in to Troll C and will utilize the existing processing capacity on the platform.

The companies will work to explore and develop Zemoul El Kbar in the Berkine basin, 300 km east of Hassi Messaoud, Algeria.

The agreement amends the existing sales and purchase agreement signed by the companies in 2023, increasing the total volume ...

Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Exploration ...

Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate ...

Vår Energi is maturing discoveries for a planned subsea development to be tied back to the Gjøa platform. If partners proceed ...

Dow will shut down three plants—two in Germany and one in the UK—with the aim of boosting overall profitability of its ...

The 25-year agreement enables Perenco to approve the final investment decision for the flagship Phase 2B development project ...

The provisional agreement centered around Libya’s Sirte basin also includes exploration potential of adjacent areas with an ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

The June 27 rule would allow drillers the potential to commercialize produced water. Days later, the Court granted a motion ...