US natural gas inventories entered winter 2024–25 at the highest levels since 2016, sitting 6% above the 5-year (2019–23) ...

DNO ASA discovered oil in the Othello prospect in production license (PL) 1086 in the southern North Sea. Preliminary estimates indicate the size of the discovery is about 4-9 million std cu m of oil ...

Eni SPA has acquired rights to four exploration blocks offshore Côte d’Ivoire. The contracts, signed with the Ministry of Mines, Oil, and Energy of Côte d’Ivoire, give Eni rights to explore blocks ...

GeoPark Ltd. has agreed to acquire upstream oil and gas assets in Colombia from Repsol Exploración SA and Repsol E&P SARL for $530 million. The acquisition would add assets in Llanos basin, one of the ...

CNOOC Ltd. has started production from the Huizhou 26-6 oilfield development project in the northern part of the South China Sea.

If Europe and Asia experience colder temperatures this winter than in the past 2 years or other operational and market risks ...

Reconnaissance Energy Africa Ltd. completed drilling operations on the Naingopo exploration well on PEL 073 onshore Namibia.

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for ...

Eni SPA has launched the hull of its 2.4-million tonne/year Nguya floating LNG plant at Wison shipyard in Nantong, China.

Investment in oil and gas exploration has decreased by two-thirds over the past decade, but the industry remains crucial for ...

TotalEnergies has agreed to farm-out additional interests in an exploration asset offshore Namibia to QatarEnergy.

Gasoline consumption in China has declined in recent months due to rising electric vehicle sales, sluggish economic growth, ...