The recent bidding round in Libya has attracted Chevron, Repsol, and others, as the country seeks to restore its position in ...

This bid round targets high-impact exploration in the Sandakan basin, potential in West Sarawak, and near-field projects in ...

With the addition of the new core business segment, Harbour Energy plans to update its 2026 guidance in early March, reflecting the acquisition's impact and new capital ...

At 428.8 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report indicated.

The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, ...

Extension of the production sharing contract for the block offshore Vietnam allows access to additional gas discoveries and ...

Board chair Wichterich has taken over on an interim basis. The company also is moving its headquarters to the Houston area.

Noting uncertainty at this preliminary stage, bp still expressed confidence in the discovery and its plan to begin an appraisal plan by yearend.

The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year while lowering ...

Following a recent MoU with ExxonMobil, TPAO is working to advance its exploration efforts in the Black Sea with the aim of ...

Vaalco Energy is divesting its Canadian assets to fund growth in core areas with "significant drilling campaigns and ...

Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator ...