Absent any new geopolitical risk premium, crude markets this week focused on supply-side concerns resulting in a steady stair ...

While Canada’s rig count is up week-over-week, the count is down 19 from the 217 rigs working this time last year. This week, ...

Saudi Arabia’s demand for key oil-based power generation fuels fell by an average of 270,000 b/d during June and July. The ...

The program, the largest conducted in the basin, the operator said in a release Oct. 15, included batch drilling of ...

Equinor is now producing oil and gas from Bacalhau field in Brazil's Santos basin presalt. The field is estimated to hold ...

On Oct. 16, Worley said it will provide construction services for infrastructure modifications, equipment installation, and ...

The $2.9-billion SDC project aims to access and produce low pressure gas reserves in Shah Deniz field and maximize resource ...

Shell and Sunlink Energies. have taken FID on the HI gas project offshore Nigeria. When completed, the project will supply ...

The Hammerhead FPSO will have the capacity to produce 150,000 b/d of oil, along with associated gas and water. It will be ...

Murlach adds a peak net production of about 15,000 boe/d to the bp-operated Eastern Trough Area Project (ETAP) in the central ...

IEA data shows that global oil demand actually expanded by 750,000 b/d year-on-year (y-o-y) in third-quarter 2025, led by a ...