In the US, 548 rigs were working, down 1 unit from the prior week. With 192 rigs running in Canada, 1 additional rig was ...

Harbour Energy plc has agreed to acquire substantially all the subsidiaries of Waldorf Energy Partners Ltd. and Waldorf ...

Dana Gas PJSC has increased production in Egypt with new drilling and workovers. The company made a gas discovery in the North El-Basant 1 exploratory well, the fourth in an 11 well program in Egypt’s ...

The project is expected to add 15,000 boe/d gross peak annualized average production from the Atlantis platform, which has a gross production capacity of up to 200,000 b/d of ...

Global oil demand is expected to increase in 2025 and the outlook carries into 2026, where IEA has raised its demand growth ...

Despite Shell’s exit from the first phase, it may consider involvement in expansion phases. Regardless, development plans for ...

Industrial cybersecurity risks are on the rise in the oil and gas industry as digital innovations drive new operational ...

Phase 1 targets 170 million bbl at a peak production of about 50,000 b/d. First oil is currently planned for 2028.

There is potential for Brent prices to dip into the $45-low $50 range as storage builds accelerate across Asia, the US, and ...

Alongside presenting major US and European refinery shutdowns either completed or announced during the past year, this ...

US commercial crude inventories fell to 425.7 million bbl, which is about 4% below the average range for this time of year, ...

DNO will drill in the region following a spending hiatus. Despite halting new drilling in 2023, the operator is still pumping 80,000 bo/d from the area.