News

Vår Energi ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the Norwegian Sea. Exploration well 6406/11-2 S will be drilled by the Deepsea Yantai semisubmersible ...
With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...
Executives of Venture Global Inc., Arlington, Va., have increased their 2025 guidance for cargos from the company’s Calcasieu ...
The Agogo FPSO forms a key part of the Agogo Integrated West Hub Project, which aims to develop Agogo and Ndungu fields, ...
A pending US-China tariff deal sent equities higher this week with the economic optimism spilling over into oil markets ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Phoenix confirmed it will independently finance its multi-year investment program, which includes $2 billion in planned ...
Efficiency gains are the main driver as executives say they’ll be patient with market trends: “For us, it’s, you know, don’t ...
Commissioned in mid-August 2022, the 150,000-tpy CIL unit—which produces high-octane alkylate with a RON of 98 to ensure the ...
Esso Raffinage began the process of gradually returning refinery units affected by the planned maintenance event to service, ...
Upper Zakum, part of Zakum field, the world's second largest offshore field, lies 84 km northwest of Abu Dhabi.
Agreements were signed by Occidental CEO Vicki Hollub and ADNOC Group CEO Dr. Sultan Ahmed Al Jaber during US Pres. Trump’s state visit to the UAE.