A future signed agreement would allow Continental to operate the 126,000-acre Ayacucho 2 Block with a 100% working interest, ...

Aker BP and partners drilled the first exploration well in license PL 1153, discovering a gas column in the Alpehumle prospect's Agat formation, with potential recoverable ...

The company identified a new oil field near Manora and has completed drilling on the Jasmine field, boosting production and de-risking nearby prospects in the Gulf of ...

At 423.4 million bbl, US crude oil inventories are 1% above the 5-year average for this time of year, the EIA report ...

Plains said the purchase will increase the company's operational footprint, providing producers with better access to crude oil transportation networks.

The rollback of federal greenhouse-gas standards by the EPA is set to accelerate natural gas power plant development, driven ...

A large crude oil product tanker ship on the high seas transporting oil and petroleum products around the world. Crude markets are settling into a prolonged period in which supply disruption is a ...

High bids in Wyoming were concentrated in the northeastern portion of the state in Converse and Campbell Counties. In 2024, ...

Ukrainian drone strikes are increasingly targeting Russian oil refineries, causing major damage, lengthening repair times, ...

The US Treasury Department Sept. 14 amended Venezuela’s sanctions license to prevent unauthorized changes to the governance ...

The International Energy Agency said oil demand will not return to its prewar level of about 106 million b/d until late 2027, ...