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

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.

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.

Train 6 is being developed inside the existing levee at the Rio Grande LNG plant site and adjacent to Trains 1-5.

The well is being drilled onshore in a relatively under-explored area within Arar block and is about 23 km east of the ...

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

At peak, Cypre is projected to deliver about 45,000 boe/d. Cypre is bpTT’s third subsea development and is one of bp’s 10 ...

The license contains Pilot field, where a refreshed sub-surface description using 3D seismic could help progress the project towards a final investment decision.

The 550-mile Bahia pipeline, which has started commissioning activities, will have initial capacity to transport 600,000 b/d ...

Oil drove the gain in Canada, with 128 rigs drilling for oil this week. In the US, gas-directed rigs increased by 2 to 127, ...

Oil prices started the week off higher but faltered as a result of continuing concerns over a glut in the near-term and the ...

After decades of steady decline, Alaska’s oil output is expected to increase by about 55,000 b/d, marking the state’s largest ...