At 432.4 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the report indicated.

In a letter to FERC June 10, the company said, “pursuing the Delta LNG project at this particular time would not be the best use of its corporate resources or the resources ...

In addition to providing a background and overview of Northwind’s current operations, this article examines the operator’s ...

ExxonMobil drilled 4-mile lateral wells in the Permian basin which extended to 33,000-ft MD. Well completions consisted of ...

The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...

The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, will transport CO2 from European industrial emitters ...

The letter is subject to conditions, including government approvals in Cameroon and completion of TRCSA's farm-out to Prime Global Energies Ltd.

Pharos Energy said the extension allows the company to “retain optionality for the prospect to be drilled,” while still investing in near term production growth in its ...

The aim of the contracts, awarded in three tranches, is expansion of certain gas processing units to increase throughput and improve operational efficiency across four ADNOC ...

Once regulatory approvals are in place, field development will begin with production expected to start in 2027.

The project is expected to achieve plateau production of about 10,000 boe/d in 2026. The oil property is medium crude.