Wastewater disposal in the Permian Basin is boosting pressure underground, threatening to hinder oil production ...

Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA (EQNR.OL), announced on Thursday the sale of its 60% operated interest in Brazil’s Peregrino oil field to Prio Tigris Ltda., a unit of ...

Iraq has completed 2D and 3D seismic surveys at the Naft Khana oil field in the Northeastern Diyala governorate, paving the way for exploratory drilling under the fifth licensing round, a senior Iraq ...

A controversial proposal to haul up to 350,000 barrels of waxy crude oil daily along a stretch of the Colorado River can move ...

Two of the world’s biggest oil companies, Exxon Mobil ( NYSE: XOM) and Chevron ( NYSE: CVX ), are locked in a tense dispute ...

The planned investment, which will be executed between Q2 2025 and 2027, will focus primarily on revitalising production at the Usan deepwater oil field. The oil major also indicated that a Final ...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.

(Bloomberg) — The United Arab Emirates and Exxon Mobil Corp. agreed to expand the nation’s oil production capacity. Abu Dhabi National Oil Co. will work with Exxon to boost capacity at the offshore ...

said Shell was in breach of its legal duty of care under Dutch law due to its continued investment in new oil and gas fields and its inadequate climate policy for the period 2030 to 2050.

Equinor has operated the Peregrino heavy oil field since 2009, with approximately 300 million barrels produced to date. The field, located in the Campos Basin east of Rio de Janeiro, consists of ...

Equinor ASA EQNR, the Norwegian energy major, has signed a significant agreement to sell its 60% operated interest in Brazil's Peregrino oil field to PRIO Tigris Ltda., a subsidiary of Brazilian ...

Norwegian energy major Equinor is selling a 60% stake in a Brazilian oil field for about $3.50 billion, part of its effort to "high-grade" its international portfolio. Equinor's Brazilian ...