“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

ConocoPhillips reported $2.31 billion in net income for Q4 2024, down from $3 billion for the same three-month period a year ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 8.7 million ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

This week, Chris Wright was confirmed by the Senate to be the new Secretary of Energy for the United States, the Congress.gov ...

Quebec Environment Minister Benoit Charette said the government of the Canadian province is open to reconsidering two major ...

A statement posted on the U.S. Department of the Interior's website this week announced that U.S. Secretary of the Interior ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

ADNOC Gas achieved its highest-ever yearly net income in 2024 at $5 billion, driven by natural gas consumption in the UAE.

In the Right Bank, the agreement, called the Comprehensive Strategy for Energy Independence and Resilience of Moldova, will ...