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Global natural gas demand returned to structural growth in 2024 and continued to expand in first-half 2025, albeit at a ...
Average daily liquids production in June consists of 1.675 million b/o, 174,000 bbl of NGL, and 5,000 bbl of condensate.
Tests confirmed a 62-m hydrocarbon column with excellent reservoir properties for oil and gas production in the Main Dolomite geological formation.
OMV Petrom let a rig contract to drill exploration wells in the Black Sea. The wells will be drilled on 1-21 Han-Asparuh block. OMV Petrom has let a rig contract to Noble Corp. for the Globetrotter I ...
The licensees will assess the discovery together with prospects in the area with a view towards a potential tieback.
This is a major victory for Wyoming’s oil and natural gas industry—not only in securing the 1,000 permits affected in Wyoming ...
The companies signed a 10-year agreement for the supply of about 2 billion cu m/year, representing what the companies call a ...
Crude oil market uncertainty continues to reign as the price consolidation period stretches into its fourth week.
There were 10 additional oil-directed rigs in Canada this week and 1 additional gas-directed rig, bringing the week’s totals ...
In separate transactions, the company agreed to acquire certain oil and gas assets from Sabinal Energy LLC and entities ...
Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed ...
At 422.2 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...
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