Asian and Mediterranean nations emerged as the leading destinations for Nigerian crude oil exported by International Oil Companies (IOCs) as well as the ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

Oil futures gave up early gains and settled lower with the market rattled by a report that Kazakhstan is unlikely to compensate for producing above its agreed level within the OPEC+ group. WTI fell 2.

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...

Namibia’s top upstream executive is “confident” that TotalEnergies will take a final investment decision on its ...

Initial data indicates that the oil from the Bourdon field has the lowest viscosity among the Dussafu discoveries, averaging ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...

Supermajor Chevron Corporation, Houston, announced on Monday that it has produced first oil and natural gas from its ...

As of February 2025, the NGC successfully completed both platforms, and the Quiluma platform has already begun transit to its ...

Norwegian company says reserves and quality of discovered oil are sufficient to underpin four development wells offshore ...

Oil companies wrestling with huge amounts of wastewater have bold plans to turn the nuisance into a valuable product.

TotalEnergies announces the start of production from the deepwater Ballymore field offshore U.S., in which the Company has a 40% interest alongside operator Chevron (60%).