US Energy Corp., Houston, has agreed to sell most of its oil and natural gas assets in East Texas to a 84 Resources Holdings LLC for $6.825 million.

Oil markets continue to react to geopolitical events and the Chinese economy while seemingly switching focus daily.

North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday.

Shell Offshore let an engineering, procurement, construction, and installation contract for work on the newly sanctioned Silvertip Phase 3 project in the US Gulf of Mexico.

Woodside received environmental approval for the North West Shelf project extension from the Western Australian Government.

Petronas CCS Solutions awarded Registro Italiano Navale a preliminary front-end engineering and design contract to support development of the operator’s carbon capture and ...

OGDCL made a gas and condensate discovery in the Bettani-02 (Slant) well in District Laki Marwat, Khyber Pakhtunkhwa Province.

Aker BP encountered a dry hole in the first exploration well in production license 932 in the northern part of the North Sea. Aker BP encountered a dry hole in the first exploration well in production ...

Petrobras has let a contract to SLB OneSubsea for two subsea raw seawater injection (RWI) systems to increase recovery from Búzios field offshore Brazil.

Enilive, alongside partners Petronas Mobility Lestari and Euglena of Japan have enlisted Samsung E&A to serve as main ...

Vår Energi ASA discovered oil in the Countach appraisal well north of Goliat field in the Barents Sea.

Petrobras has let a new contract to SLB for integrated services across all offshore fields operated by Petrobras in Brazil.