News

May crude prices managed to stair-step higher this week albeit, on thin volume, during this Good Friday holiday shortened ...
ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...
Chevron has started producing oil and natural gas from the Ballymore subsea tieback in the deepwater Mississippi Canyon area of the US Gulf of Mexico.
The 11th National OCS program will replace the current 10th Program (2024–29), which includes only three oil and gas lease ...
Venture Global started commercial operations at its 10-million tpy Calcasieu Pass LNG plant, and with startup, commenced the ...
GTA is one of the deepest offshore developments in Africa. The project has been declared one of “strategic national ...
The global oil market is feeling the impact of intensifying trade tensions and a softening economic outlook, prompting a ...
Producing the world’s heaviest deepwater crudes is a complicated process that many majors walked away from—but Brava Energia ...
Jet Zero has moved into the front-end engineering and design phase for Project Ulysses, a grassroots development involving ...
Petrobras received the PA-38 jack-up rig for Guaricema field shallow water well decommissioning about 9 km from the coast of ...
The US Energy Information Administration lowered its projections for global oil demand growth. The agency now expects global ...
US Geological Survey geologists estimated large potential for—and large uncertainty about—the amount of hydrogen ...