News

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027.
Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, ...
Management estimates indicate 56 million bbl oil in place of which about 25 million bbl are considered recoverable, the company said.
Halliburton on Tuesday warned of a second-quarter earnings impact from tariffs and lower oilfield activity in North America ...
The Greater Laggan oil and gas complex in the UK West of Shetlands has performed better than expected, and an imminent hike in production from a major Norwegian field is another boost for UK oil ...
SANTA BARBARA, Calif. — In an action cheered by state environmentalists, the California Coastal Commission has voted to fine a Texas-based oil firm $18 million for failing to obtain necessary ...
HQC is also a subsidiary of the China National Petroleum Corporation (CNPC) that took over as the main operator of the massive oil field from ExxonMobil. All in all, this latest contract award is ...
The main areas of Saudi Arabia’s oil reserves include the Ghawar Field (the world’s largest onshore oil field) and the Safaniya Field (the world’s largest offshore oil field). Both of these ...
The Keystone Pipeline declared force majeure on scheduled oil shipments after a leak spilled an estimated 3,500 barrels of crude in a North Dakota field. Keystone warned customers that it may not ...
An oil company developing a large field on Alaska’s North Slope has reached a deal with ConocoPhillips over the use of roads needed to access that field and other prospects. Santos, the ...
The Texas oilmen on the fairways had a more serious concern: The president they helped elect was tanking oil prices. The market rout sparked by President Donald Trump’s trade war is touching ...
Equinor, the Norwegian energy giant, has commenced production at the Johan Castberg oil field in the Barents Sea, marking a milestone in Norway’s northernmost offshore oil development.