Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill an exploration well in the Barents Sea. Well 7220/5-4 will be drilled by the COSL Prospector semisubmersible ...

The Agogo FPSO forms a key part of the Agogo Integrated West Hub Project, which aims to develop Agogo and Ndungu fields, increasing production in Block 15/06.

Phoenix confirmed it will independently finance its multi-year investment program, which includes $2 billion in planned ...

The well was drilled to a vertical depth of 5,300 m and contains a 1,312-m horizontal section. This depth set a record for vertical depth of shale gas wells in China.

Identified as agreements of “high-strategic importance,” the two memorandums of understanding for development of the refinery ...

With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned ...

Executives of Venture Global Inc., Arlington, Va., have increased their 2025 guidance for cargos from the company’s Calcasieu ...

Commissioned in mid-August 2022, the 150,000-tpy CIL unit—which produces high-octane alkylate with a RON of 98 to ensure the ...

Efficiency gains are the main driver as executives say they’ll be patient with market trends: “For us, it’s, you know, don’t ...

GeoPark said it remains flexible to pursue other opportunities after Phoenix Global withdrew from a 2024 agreement.