There were 6 additional rigs drilling for oil this week in the US to end the week with 413. Oil-directed rigs in Canada increased by 5 units from a week ago.

Crude prices moved higher this week as geopolitical risk entered again with Russia/Ukraine and US/Venezuela both inferring ...

Targa is adding to its Permian basin midstream portfolio by acquiring Dovetail Midstream LLC for $111 million. Dovetail's assets primarily consist of natural gas gathering ...

Chevron Australia and the Gorgon joint venture participants have taken a final investment decision (FID) to proceed with ...

Vår Energi discovered oil and gas in the Goliat Nord prospect in Barents Sea production license (PL) 229. The operator and ...

Verdande is primarily an oil producer, comprised of the Cape Vulture and Alve Nord East discoveries, and contains 36 million ...

The consortium formed by the two energy majors acquired PPSA’s 3.5% participation in Mero shared reservoir agreement and 0.95 ...

The NGC gas plant is equipped with capacities to process 400 MMcfd of gas and 20,000 b/d of condensate from two wellhead ...

The company is relinquishing its rights to the license following the conclusion of discussions with the Gambian government ...

Reconnaissance Energy Africa encountered hydrocarbons while drilling a second test well onshore northeast Namibia. A production test will be conducted.

At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...

In the coming years, Canadian LPG production could increase by 238,000-264,000 b/d based on several BC LNG projects coming ...