OMV has validated the commercial potential of the Essar discovery in Libya's Sirte basin, estimating recoverable resources up ...

The deal includes over 65,000 MMcfd equivalent production, about 1,000 gross operated wells, and an operated CCS project.

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

In Wyoming, BLM leased 99 parcels totaling 114,389 acres, with strong interest in the Powder River basin. The US Bureau of Land Management (BLM)’s quarterly lease sale in Wyoming Sept. 10 showed a ...

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

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

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

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

US crude oil production is projected to hit a record this year, driven by increased output from the Permian basin and Gulf of ...

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 ...

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 ...