Crescent Energy Co. has closed on a deal to sell non-operated Permian basin assets to a private buyer for $83 million in cash as part of a plan to reduce debt.

The decision follows nonrenewal of an offtake agreement for the unit’s ethylene production by a long-term, third-party ...

Management estimates indicate 56 million bbl oil in place of which about 25 million bbl are considered recoverable, the company said.

Uncertainties surrounding US President Donald Trump’s tariff policies disrupted the markets' initial trajectory and raised ...

TotalEnergies has awarded two new engineering and procurement framework agreements to consulting and engineering firm Wood to advance Ratawi field development in Iraq.

TotalEnergies signed a heads of agreement with Energia Natural Dominicana for delivery of LNG to support electricity generation in the Dominican Republic.

Vista Energy has acquired a 50% interest in the La Amarga Chica block in Argentina’s Vaca Muerta shale formation from ...

German LNG Terminal GMBH has awarded Ballast Nedam Infra BV and Hakkers Waterbouw the contract to build a sea jetty as part of the 10 billion cu m/year land-based terminal ...

ADNOC has signed a long-term agreement to supply ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas Co. Ltd. Under the SPA, ADNOC will supply about 1 million tonnes/year (tpy) ...

ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...

Chevron has started producing oil and natural gas from the Ballymore subsea tieback in the deepwater Mississippi Canyon area ...

May crude prices managed to stair-step higher this week albeit, on thin volume, during this Good Friday holiday shortened ...