US crude oil inventories for the week ended Nov. 29 decreased by 5.1 million bbl from the previous week, according to EIA data.

Aramco has signed a shareholders’ agreement with Linde and SLB for development of a carbon capture and storage (CCS) hub in Jubail, the Eastern Province of the Kingdom of ...

Texcal Energy Mahato drilled a dry hole in exploration well PSC PC-01 in the Mahato PSC in Central Sumatra.

Harbour Energy has acquired a 20% stake in Pan American Energy and Golar's LNG's project to develop a floating LNG plant in Argentina.

Argentina has approved a 14-MMcmd expansion of the natural gas pipeline running from Vaca Muerta shale in Neuquén province to Buenos Aires province.

Parallax Energy closed a deal to acquire private producer Vesta Energy and its Duvernay East Shale basin light oil assets in ...

The company’s deal with Ridgemar Energy will add to its oil weighting and increase its inventory by about a year. Many of Ridgemar's operations (dark blue) sit adjacent to existing Crescent assets ...

Canacol Energy provided an update on its drilling and development program in Colombia, highlighting discoveries made in November.

CNOOC Ltd. has started heavy crude oil production from the Jinzhou 23-2 oilfield development project in the northern part of the Bohai Sea.

Ecopetrol is building a new plant for production of green hydrogen at subsidiary Refinería de Cartagena SAS’s 210,000-b/d ...

Repsol let a front-end engineering design contract to McDermott for the Polok and Chinwol field development project in the Gulf of Mexico.

ExxonMobil has appointed Dan Ammann as president of ExxonMobil Upstream Company to succeed Liam M. Mallon, who will retire effective Feb. 1, 2025.