The new chief executive of US independent Murphy Oil has emphasised his company's dedication to offshore exploration with plans for 2025 to drill multiple prospects in the US Gulf of Mexico, Ivory ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Texas Pacific Land is overvalued with a $30 billion market cap and only $700 million in annual revenue. See what makes TPL ...

China announced a discovery of 427 million metric tons of oil reserve in the Sanmenxia Basin, setting an example for the oil and gas exploration of small and medium-sized basins nationwide, China ...

AUSTIN, Texas, Jan. 21, 2025 /PRNewswire/ -- Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its 2025 Global Energy Outlook, an ...

A worker works at an intelligent manufacturing base in North China’s Tianjin Municipality on November 1, 2024. China’s first ...

Earlier this month CNOOC Ltd. announced the start-up of the Panyu 11-12/10-1/10-2 project. It expects the project to achieve ...

China has discovered 427 million metric tons of oil in the Sanmenxia Basin, marking a significant breakthrough for small and medium-sized basin exploration, the China Geological Survey said on ...

Oil & Gas, following which the company’s stake in Block 3B/4B in the Orange Basin offshore South Africa increased from 17% to 18%. The terms of the consideration laid down that Eco would ...

PERMIAN BASIN (KMID/KPEJ) – In the first full week of January 2025, the Permian Basin experienced a preview of cold and icy conditions. This comes as oil and gas refineries are bracing for one of the ...

The DJ Basin assets produce roughly 160,000 barrels of oil equivalent per day. Shares in Civitas were up about 0.9% at 9:43 a.m. in New York, giving the company a market value of $5.2 billion.