State-owned YPF SA plans to invest $3.3 billion in Vaca Muerta during 2025, concentrating all drilling activity on oil wells as part of its strategy to prioritize Argentina’s ...

State-owned YPF SA signed a $75-million deal with Compañía General de Combustibles for hydrocarbon exploration in Argentina’s Neuquén province.

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil ...

CNOOC Ltd. discovered oil in the Huizhou 19-6 oilfield in the deep and ultra-deep plays in the eastern South China Sea in 100 m of water.

Equinor Energy AS began production at Johan Castberg oil field in the Barents Sea on Mar. 31, 2025. The field is expected to ...

Petrobras discovered hydrocarbons in an exploratory well in North Brava block in the Campos basin presalt, 105 km off the ...

The sales are part of a plan to reduce costs that also includes an evaluation of strategic options for its assets in Ecuador and cost reduction measures that the company ...

Woodside Energy has let a drilling contract to energy technology company SLB for the ultra-deepwater Trion development project in the Gulf of Mexico.

The oil and gas industry confronts significant hurdles: remote operations, hazardous conditions, and the relentless pursuit ...

Glenfarne will become the majority owner of the Alaska LNG export project, the sole federally permitted LNG export project on the US Pacific Coast.

On Mar. 13, 2025, a rupture occurred along a section of Ecuador’s state-owned Sistema de Oleoducto Transecuatoriano near El Vergel, releasing an estimated 25,116 bbl of crude ...

Oil prices neared $70 after the Trump administration announced 25% “secondary” tariffs to be imposed on buyers of Venezuelan ...