News

Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill an exploration well in the Barents Sea. Well 7220/5-4 will be drilled by the COSL Prospector semisubmersible ...
Phoenix confirmed it will independently finance its multi-year investment program, which includes $2 billion in planned ...
The Agogo FPSO forms a key part of the Agogo Integrated West Hub Project, which aims to develop Agogo and Ndungu fields, increasing production in Block 15/06.
The well was drilled to a vertical depth of 5,300 m and contains a 1,312-m horizontal section. This depth set a record for vertical depth of shale gas wells in China.
Identified as agreements of “high-strategic importance,” the two memorandums of understanding for development of the refinery ...
With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Executives of Venture Global Inc., Arlington, Va., have increased their 2025 guidance for cargos from the company’s Calcasieu ...
Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned ...
Commissioned in mid-August 2022, the 150,000-tpy CIL unit—which produces high-octane alkylate with a RON of 98 to ensure the ...
Efficiency gains are the main driver as executives say they’ll be patient with market trends: “For us, it’s, you know, don’t ...
GeoPark said it remains flexible to pursue other opportunities after Phoenix Global withdrew from a 2024 agreement.