The Federal Trade Commission issued a $5.6 million civil penalty on oil producers XCL Resources Holdings, Verdun Oil Co., and ...

Equinor has awarded Ocean Installer a contract to replace a compressor module at the Åsgard subsea compression station at ...

Phillips 66 Co. has agreed to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long-haul NGL pipelines, fractionation, and distribution systems (EPIC NGL) for $2.2 ...

Repsol resumed exploration in the Murzuq basin by spudding the A1-2/130 (Neser Prospect) exploratory well 800 km from Tripoli and 12 km from Sharara oil field. On Dec. 31, 2024, Repsol began drilling ...

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for ...

Nearly 60% of oil and gas executives surveyed by the Federal Reserve Bank of Dallas plan to increase their capital spending ...

A Sinopec subsidiary completed a second-phase expansion and advanced materials project to respectively increase crude oil ...

Bharat Petroleum has taken its first official step for a possible grassroots integrated refining and petrochemical complex in ...

Woodside has taken delivery of the final modules for the 5-million tpy Train 2 of its Pluto LNG plant in Karratha, Western ...

Petrobras has let contracts to Seadrill Ltd. for two drilling rigs for work offshore Brazil.

Cheniere Energy Inc. has produced first LNG from Train 1 of its 10-million tonne/year (tpy) Corpus Christi Stage 3 liquefaction project (CCL Stage 3). Commissioning ...

S&P Global Commodity Insights anticipates global gasoline demand will peak this year, according to its recently published 2025 Energy Outlook.