The 16,883-sq km block lies 200 km from the coast in 800-4,100 m of water and falls within the unexplored part of the Atlantic Margin.

The now-completed deal with TotalEnergies EP Nigeria Ltd. brings Shell’s stake in the OML 118 production sharing contract to ...

Argentina's crude oil output reached a historic 859,500 b/d in October 2025, primarily fueled by shale development in Neuquén, surpassing the previous record set in 1998.

US oil and gas companies in the sample posted lower earnings in the third quarter as weaker crude realizations more than ...