At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...

Reconnaissance Energy Africa encountered hydrocarbons while drilling a second test well onshore northeast Namibia. A production test will be conducted.

In the coming years, Canadian LPG production could increase by 238,000-264,000 b/d based on several BC LNG projects coming ...

The drilling program is expected to be completed in December 2025. First oil from Teal West is expected in mid-2026.

The meeting took place amid renewed US efforts to negotiate a peace agreement between Russia and Ukraine. A successful deal ...

TotalEnergies will remain operator with 40% participation alongside Chevron (40%) and South Atlantic Petroleum (20%).

In March, bp Trinidad and Tobago sanctioned the gas development project, which at peak, is expected to have capacity to produce 62,000 b/d of oil.

The contract includes a 6-year frame agreement with an extension option for up to two additional 3-year periods. The new contract starts January 2027.

Already under construction, Hawaii Renewables’ proposed plant is designed to produce about 61 million gal/year (3,950 b/d) of ...

Ithaca Energy contracted Subsea 7 for decommissioning services for certain North Sea assets. The work scope includes flushing of subsea pipelines, provision of diver support ...

Stakeholder Midstream provides natural gas gathering, treating, and processing services and crude gathering and storage services in the Permian basin.