A pending US-China tariff deal sent equities higher this week with the economic optimism spilling over into oil markets ...

A future open season will provide an opportunity for other companies to subscribe to firm transportation on the pipeline.

Upper Zakum, part of Zakum field, the world's second largest offshore field, lies 84 km northwest of Abu Dhabi.

The rig count in Canada ended the week with 7 additional rigs running. For the week ended May 16, the rig count in Canada stood at 121, according to Baker Hughes data. There were ...

The framework agreement was signed by Occidental President and chief executive officer Vicki Hollub and ADNOC Group chief executive officer Dr. Sultan Ahmed Al Jaber during ...

The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.

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 ...

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.

Phoenix confirmed it will independently finance its multi-year investment program, which includes $2 billion in planned ...

Identified as agreements of “high-strategic importance,” the two memorandums of understanding for development of the refinery ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...