News

U.S. oil production faces an earlier-than-expected peak due to declining oil prices and economic uncertainty, impacting ...
Lower oil prices are expected to precipitate a decrease in crude output that won’t easily be reversed.
Students learned all about workforce opportunities after meeting with oil and gas industry representatives during Career Day ...
Calgary-based Strathcona Resources has made a $9.5 billion stock and cash takeover offer for oilsands producer MEG Energy, which it already owns a 9.2 per cent stake in.
Whether EOG can replicate its Texas magic on foreign turf remains to be seen, but one thing’s certain—between AI campuses, ...
EOG Resources was awarded a new onshore oil exploration concession for Unconventional Onshore Block 3 in the United Arab Emirates, where it expects to begin drilling in this year's H2.
The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.
Phillips 66 PSX, the Houston, TX-based oil giant, has signed a definitive agreement to divest a 65% stake in its Germany and Austria retail marketing operations, including 843 JET-branded fuel ...
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the ...
Sinopec tested the Tiebei 1HF well at a high daily output of 314,500m³ of industrial gas flow, enhancing gas reserves and ...
Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...