The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, ...
ADNOC's XRG is strengthening its international presence by acquiring a stake in Azerbaijan's Southern Gas Corridor, a key ...
Vår Energi and its partner Kistos Energy drilled a dry well at the Prince Updip prospect in the Balder area in the North Sea.
Iraq's Ministry of Oil has commissioned new refinery projects, increasing fresh crude distillation capacity by 140,000 b/d ...
Extension of the production sharing contract for the block offshore Vietnam allows access to additional gas discoveries and ...
Oil prices surged in early 2026 due to supply disruptions from weather, sanctions, and geopolitical tensions, but recent negotiations and strategic adjustments are expected ...
Vaalco Energy is divesting its Canadian assets to fund growth in core areas with "significant drilling campaigns and ...
The recent bidding round in Libya has attracted Chevron, Repsol, and others, as the country seeks to restore its position in ...
The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year while lowering ...
The Commonwealth LNG plant, under development in Cameron Parish, La., has a new LNG offtaker as Caturus works to secure remaining capacity ahead of FID.
First cargo of LNG from the Nguya floating LNG vessel, signaling the start-up of gas exports from Phase 2 of the Congo LNG project Eni SPA has delivered Phase 2 of the Congo LNG project with the first ...
US-Iran talks are scheduled to continue which lends an optimistic tone however, a second US aircraft carrier is reported to be heading into the Middle East, a move that could ...
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