The Federal Trade Commission issued a $5.6 million civil penalty on oil producers XCL Resources Holdings, Verdun Oil Co., and ...

Equinor has awarded Ocean Installer a contract to replace a compressor module at the Åsgard subsea compression station at ...

Phillips 66 Co. has agreed to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long-haul NGL pipelines, fractionation, and distribution systems (EPIC NGL) for $2.2 ...

Repsol resumed exploration in the Murzuq basin by spudding the A1-2/130 (Neser Prospect) exploratory well 800 km from Tripoli and 12 km from Sharara oil field. On Dec. 31, 2024, Repsol began drilling ...

Alaska Gasline Development Corp. signed an exclusive framework agreement related to development of the Alaska LNG project.

US crude oil inventories for the week ended Dec. 20 decreased by 4.2 million bbl from the previous week, according to data from the US EIA.

Diversified Energy agreed to acquire operated natural gas properties and related infrastructure in the Appalachian basin.

The new year has started with a new rally for oil prices fueled by stronger stimulus measures proposed by the Chinese ...

VMOS SA let an EPCm contract to Técnicas Reunidas for development of the Vaca Muerta project in central Argentina.

Nearly 60% of oil and gas executives surveyed by the Federal Reserve Bank of Dallas plan to increase their capital spending ...

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for ...

Sonangol E&P and ACREP Exploração Petrolífera SA signed a risk service contract for offshore Block 6/24 with Red Sky Energy ...