The energy landscape is changing, and legacy players that stick to the old formula may find themselves outpaced ...

BP looks like it is now on board with President Trump's "drill baby drill" mantra, saying it aims to increase production of ...

Tankers are lining up near an old oil port at Venezuela's Western region to load crude cargoes and depart from the South ...

Africa Oil Corp. announced an operational update on the Marula-1X drilling operation in Block 2913B, offshore Namibia, where no hydrocarbons were found in the primary target. Despite this, the company ...

Domestic oil production continued to grow in 2024, and again the Permian Basin was the dominant source of that output. In its Petroleum Supply Monthly report, the U.S. Energy Information ...

Billed as a win-win for development, the pact has ignited sharp criticism, with opponents arguing it grants Ankara outsized ...

The Guyanese government has announced the arrival of the fourth floating production, storage and offloading vessel that will ...

ExxonMobil Guyana on Tuesday announced that a street festival would be held on May 3 to celebrate the arrival of the Floating Production, Storage and Offloading (FPSO) vessel, One Guyana, in the ...

developing and producing oil and natural gas, and providing oilfield services, primarily in Texas. The Company’s common stock is traded on the Nasdaq Stock Market under the symbol PNRG. If you have ...

The comprehensive review added 4.39 billion barrels of oil equivalent in original reserves, BOEM found. “After subtracting production of 3.09 billion barrels of oil equivalent since 2020–2021 ...

Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief. By Rebecca F. Elliott U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than ...

U.S. News // 8 hours ago Interior Dept. promotes new 'commingling' policy to speed up offshore oil production April 24 (UPI) -- In another move to increase offshore U.S. oil production ...