Profit attributable to bp shareholders for first-quarter 2025 was $700 million, a significant decrease from $2.3 billion in first-quarter 2024, but an improvement from its ...

The development has expansion capacity for two additional LNG trains and is fully permitted for a total capacity of 27.6 million tpy.

The Marula-1X well, drilled to a total depth of 6,460 m MD, targeted Albian aged sandstones within the Marula fan complex.

Well 25/1-14 will be drilled in production license 873 B by Odfjell Drilling's Deepsea Stavanger semisubmersible rig.

Under the contract, Technip Energies, having completed the front-end engineering and design (FEED) phase, will provide detailed engineering design for two offshore ...

Phillips 66 has taken final investment decision to build the 300-MMcfd Iron Mesa gas processing plant near the existing ...

Matador Resources Co., Dallas, is trimming 2025 drilling and completion plans in response to lower commodity prices. The ...

The global oil industry has been on alert since oil prices dropped below $60/bbl. Investment in the US Lower 48 tight oil ...

Uncertainties surrounding US President Donald Trump’s tariff policies disrupted the markets' initial trajectory and raised ...

Valero has warned the government of California that it will take at least one of its two refineries within the state offline ...

EQT agreed to acquire Olympus Energy, and with it, over 10 years of high-quality Marcellus inventory at maintenance activity ...

The decision follows nonrenewal of an offtake agreement for the unit’s ethylene production by a long-term, third-party ...