After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

JERA Co. Inc. finalized 20-year agreements with US operators, announced from the US Department of Energy headquarters in ...

The well will target layers from the Pliocene-Miocene age in the Vinekh prospect and is expected to find natural gas.

Chevron Corp. has started producing oil and natural gas from the Ballymore subsea tieback in the deepwater Mississippi Canyon area of the US Gulf of Mexico, the company said ...

Executives of ConocoPhillips Co., Houston, have reiterated their 2025 production targets even though they’ve trimmed their capital spending budget for the year by $500 ...

A consortium of operators produced simulation models from Delaware basin, Midland basin, and Bakken datasets to determine the effects of proppant distributions, far-field depletion, and long-term ...

JEL has discovered multiple conventional oil, condensate, and gas reservoirs within the block following drilling operations conducted in 2021.

EPA said it will repeal the 2015 Obama-era emissions standards for new fossil fuel-fired power plants and the Biden administration’s 2024 rule for new and existing fossil ...

The contract extension for one of Angola’s most productive oil assets "marks a major milestone in Angola’s efforts to sustain oil production above one million barrels per ...

Conglin Xu, Managing Editor-Economics, covers worldwide oil and gas market developments and macroeconomic factors, conducts ...

In addition to providing a background and overview of Northwind’s current operations, this article examines the operator’s ...

In a letter to FERC June 10, the company said, “pursuing the Delta LNG project at this particular time would not be the best use of its corporate resources or the resources ...