The company has spudded the SJ‑12 well on the Brazilian equatorial margin, on the coast of the state of Maranhão.

The potential third phase involves drilling two additional wells aimed at enhance recovery while maintaining modest capital ...

The STRATOS project in Ector County is in the final stages of startup, with Phase 2 commissioning beginning soon.

Frommer, a member of the board, will serve as interim president and CEO while the company seeks a permanent president and chief executive.

Conrad's CEO said the FID "has transitioned Conrad from a speculative exploration/appraisal company to a fully contracted gas development and future production company with a ...

CFO Crespy told analysts spending will emphasize sidetracks and workovers in first-half 2026 before transitioning to new wells.

Broader infrastructure risks are emerging as regional attacks threaten production facilities in Qatar, Saudi Arabia, and Iraq, while Europe and Asia face heightened ...

Energean and Chevron have been instructed to suspend activities offshore Israel due to escalating regional conflicts and security concerns.

Despite initial market volatility, oil storage levels and pre-positioned supplies have mitigated immediate price shocks.

The oil production adjustments come at a time of heightened geopolitical uncertainty, with tensions in the Middle East ...

The discovery is part pilot program aimed at brining fields into production within 2-3 years by pre-planning development.

The NT Government's petroleum release in Beetaloo includes 50 blocks positioned near existing infrastructure, with ...