Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief ...

ExxonMobil contractor SBM Offshore signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO, which is set to arrive in Guyanese waters this year.

Vaalco will operate the block, carrying partners through the seismic reprocessing and interpretation stages and potentially ...

Crude prices are lower as the Trump administration’s tariff plans are front-and-center on the minds of traders.

Capital spending will be flat from last year but the Utica, Dorado, and international projects are getting more funding.

Eni and Petronas signed an MoU to establish a joint venture to oversee selected upstream assets in Indonesia and Malaysia.

Canada and the US both added to their respective rig counts the week ended Feb. 28.

On an earnings call, COO Darrin Henke said Chord Energy is planning “several more” 4-mile laterals this year, and that “with ...

The 15-year deal converts the previous heads of agreement into a definitive agreement and marks the first long-term LNG sales agreement between ADNOC and Osaka Gas.

Phase 1 encompasses Trains 1-3, with a combined nameplate capacity of 18 million tpy. Trains 4-5 would add 9 million tpy and Trains 6-8 an additional 18 million tpy.

Senex Energy Ltd., Brisbane, has started natural gas flow to the east coast market from its Atlas Queensland expansion.