News

Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.
The Trump administration is proposing to restore the potential for oil and gas drilling on 13 million acres of government-owned Arctic land that had previously been restricted by the Biden ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
The well, to be drilled about 60 nautical miles off Ghana's coast in the Offshore Cape Three Points block, is part of a plan to ensure long-term production.
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...
The Norwegian offshore driller Dolphin Drilling has put a difficult period of financial uncertainty behind it with the ...
The source of the ozone — a pollutant that’s especially hazardous to children — was the area’s network of gas wells and ...
The so called “Anadarko Washout” involves a washout of oil and gas leases on undivided working interests owned by ...
Arabian Gulf Business Insight on MSN18h
Adnoc Drilling expands in Oman with SLB stake
Adnoc Drilling, a subsidiary of Abu Dhabi state-backed oil major Adnoc, has bought a 70 percent share in SLB’s oil drilling business in Oman. The agreement includes six fully operational land rigs in ...
Trump earlier signed an executive order opening up the Arctic National Wildlife Refuge for energy development, continuing a decades-long fight over the land ...
Opinion
Midland Daily News on MSN12hOpinion
OPINION: Fossil fuel push backfires, oil industry faces turmoil
President Donald Trump’s “Big Beautiful” budget bill has passed the U.S. House, but it will be weeks before the Senate acts on any changes. One thing is clear, the administration and the Republican ...
EOG Resources Inc. and BP Trinidad and Tobago LLC (BPTT) have put onstream the Mento field off Trinidad’s southeast coast.