Crude prices started the week higher, but slipped despite at least three ongoing geopolitical risks and a third emerging.

With the assembly and interconnection phase of all auxiliary and balance-of-plant equipment now under way, the operator said ...

The floating production unit is part of the Búzios 6 project, which comprises the seventh system in operation in the field.

Harbour Energy has been designated operator of the Zama offshore oil project in Mexico. The consortium is working to advance ...

Santos Ltd. appointed Lachlan Harris as chief financial officer. The appointment was made mid-December 2025. Harris had been ...

Saipem will perform engineering, procurement, construction, and installation work for three additional pipelines with associated subsea structures to connect natural gas ...

Chevron Corp. delivered first oil from the South N’dola platform in Block 0 offshore Angola in December.

Baytex Energy will target 3-5% annual production growth in 2026 with a capital budget of $550-625 million. Baytex Energy Corp ...

Enap has signed a decade-long agreement with YPF, Vista, Shell, and Equinor to secure up to 70,000 b/d of crude oil from ...

Empresa Nacional del Petróleo has progressed plans to expand oil reserves in Ecuador with a new oil discovery at the Pambil A ...

The well, drilled in the western part of the block, delivered "encouraging results," Staatsolie said in an early December ...

The asset sales are part of Amplify Energy's plan to streamline operations, focusing on core assets in California and Wyoming, while divesting non-core properties in ...