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 ...

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

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 ...

Valero Energy Corp. has confirmed a fire occurring on New Year’s Day at its 100,000-b/d refinery in Three Rivers, Tex., about halfway between San Antonio and Corpus Christi. Valero Energy Corp ...

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 ...

Galp Energia SGPS SA has drilled and logged the Mopane-2A well, the fourth well in block PEL83 in Namibia’s Orange basin.

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

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for Warri Refining & Petrochemcial Co. Ltd.’s 125,000-b/sd refinery in ...

bp PLC has begun flowing gas from wells at the Greater Tortue Ahmeyim Phase 1 LNG development offshore Mauritania and Senegal, to its floating production storage and offloading vessel for the next ...

CNOOC Ltd. started production at the Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project in the eastern South China Sea at an ...