DNO will drill in the region following a spending hiatus. Despite halting new drilling in 2023, the operator is still pumping 80,000 bo/d from the area.

The find represents the first oil and gas discovery from Kingriali formation in Nashpa block, the company said.

Despite Shell’s exit from the first phase, it may consider involvement in expansion phases. Regardless, development plans for ...

The project is expected to add 15,000 boe/d gross peak annualized average production from the Atlantis platform, which has a ...

Global oil demand is expected to increase in 2025 and the outlook carries into 2026, where IEA has raised its demand growth ...

Industrial cybersecurity risks are on the rise in the oil and gas industry as digital innovations drive new operational ...

Mark Christie, FERC chairman, at Commission meeting in Washington, DC, July 24, 2025 The US Federal Energy Regulatory Commission (FERC) will implement its own National Energy Policy Act (NEPA) ...

The Bureau of Ocean Energy Management offered about 80 million acres in federal waters offshore Texas, Louisiana, Mississippi ...

Phase 1 targets 170 million bbl at a peak production of about 50,000 b/d. First oil is currently planned for 2028.

US commercial crude inventories fell to 425.7 million bbl, which is about 4% below the average range for this time of year, ...

Preliminary estimates indicate a discovered volume of 600 bcf of gas in place in the four reservoirs hit by the well. Additional reservoir segments in the prospect area with ...

There is potential for Brent prices to dip into the $45-low $50 range as storage builds accelerate across Asia, the US, and ...