Analysts say that, if hostilities end, OPEC countries are likely to ramp up production to or near their maximum capacity.

Patel will assume the role upon closing of a large investment deal struck with KKR affiliates and Canada Pension Plan ...

Despite keen interest and competitive bidding—by majors and independents—at another recent BLM sale in Alaska, only two ...

PT Pertamina Drilling Services Indonesia has been contracted for a six-well drilling program at Mako gas field in the Duyung PSC.

The drilling program involves four wells in El Fayum and two in North Beni Suef. The project is designed to enhance oil output, leveraging recent seismic data insights.

The independent joint venture consolidates 19 gas-producing and development assets across Indonesia and Malaysia. With regulatory, governmental, and partner approvals ...

The project, backed by FERC approval and MUFG financing, involves constructing new caverns and infrastructure to help address ...

Global oil inventories will continue to increase through 2026 and 2027, albeit at a more gradual rate in 2027, the US Energy Information Administration predicted in its January 2026 Short-Term Energy ...

The current crisis in the Persian Gulf has forced the oil industry to put more of a focus on the actual ability to deliver ...

Valesto will provide a rig for a drilling campaign in the Gulf of Thailand, which includes four infill wells and three ...

North American drilling activity posted an 8-rig increase for the week ended June 5, with a total 732 rigs running. There ...

Delfin Midstream has made a final investment decision to develop the first US-based FLNG vessel, the largest globally, with a ...