News

Crude oil market uncertainty continues to reign as the price consolidation period stretches into its fourth week.
The companies signed a 10-year agreement for the supply of about 2 billion cu m/year, representing what the companies call a ...
Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed ...
Designed to protect the sensitive Kvarner seabed, the subsurface barrier system will intercept and prevent migration of oily ...
Dow will shut down three plants—two in Germany and one in the UK—with the aim of boosting overall profitability of its ...
By recommending the use of oil benchmarks which reflect market fundamentals like ICE Midland WTI, the U.S. Energy Dominance ...
In separate transactions, the company agreed to acquire certain oil and gas assets from Sabinal Energy LLC and entities ...
Fram Sør will be developed as a subsea tie-in to Troll C and will utilize the existing processing capacity on the platform.
The well encountered a 14-m gas column in the Stø formation in sandstone totaling 70 m and with good reservoir quality.
This is a major victory for Wyoming’s oil and natural gas industry—not only in securing the 1,000 permits affected in Wyoming ...
The suspension follows three explosions early in the morning, one involving a small storage tank and the other involving ...
At 422.2 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...