News

Matador Resources Co., Dallas, is trimming 2025 drilling and completion plans in response to lower commodity prices. The operator will drop a rig midyear, leaving it with eight, and executives are now ...
The US Department is implementing a policy change that is expected to increase US Gulf output by about 10%.
GeoPark has appointed Felipe Bayon as its new chief executive officer and a member of the company board of directors.
Rhino Resources and partners will perform post drilling analysis following a successful test of a light-oil discovery ...
EQT agreed to acquire Olympus Energy, and with it, over 10 years of high-quality Marcellus inventory at maintenance activity ...
US crude oil inventories for the week ended Apr. 18 increased by 200,000 bbl from the previous week, according to US EIA data.
EnQuest PLC received confirmation from the Ministry of Energy and Minerals of Indonesia that the company and its JV partners ...
The global oil industry has been on alert since oil prices dropped below $60/bbl. Investment in the US Lower 48 tight oil ...
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.