At recent conferences, two industry leaders shared differing perspectives on the idea of peak shale production. Share your ...

Discover how bp cut methane emissions and boosted flare efficiency with Panametrics’ flare.IQ technology—achieving 99.3% ...

BOEM proposed to reduce the royalty rate for deepwater leases to 16.66% from the current 18.75%. Rates for leases in shallower waters, however, would increase to 16.66% from ...

At 415.1 million bbl, US crude oil inventories are about 11.1% below the 5-year average for this time of year, the EIA report indicated.

The primary exploration target for the well was to prove oil in Upper Cretaceous reservoir rocks in the Nise formation.

The 20-year agreement increases Chevron’s total contracted volume from Energy Transfer LNG to 3.0 million tpy, following the initial 2.0 million tpy agreement signed in 2024.

Golar LNG's 2.7-million tpy floating LNG plant Gimi reached commercial operations earlier this month, triggering the start of a 20-year lease and operate agreement on the ...

A group of US-based oil and gas producers and refiners posted a total net income of $19.83 billion in first-quarter 2025, ...

At the JPMorgan Energy, Power, Renewables & Mining Conference in New York on June 24, leaders of Devon Energy Corp. and EOG ...

After recently guiding down, executives now plan for activity levels only slightly below the level they had forecasted coming ...

Saipem will deliver engineering, procurement, and construction services for Eni's project, which aims to boost the ...

The projection anticipates production will rise to over 3.9 million b/d by 2030, which is half a million b/d higher than 2024. Notably, the 2030 forecast has been revised ...