Vår Energi is maturing discoveries for a planned subsea development to be tied back to the Gjøa platform. If partners proceed ...

Drilling indicated about 350 m of gas-bearing reservoir. Further assessment will be required in the coming months to evaluate ...

Dow will shut down three plants—two in Germany and one in the UK—with the aim of boosting overall profitability of its ...

The 25-year agreement enables Perenco to approve the final investment decision for the flagship Phase 2B development project ...

Producers Midstream is not proposing to construct any new infrastructure as part of the project. Rather, the company would convert to interstate service its existing 16-in. OD intrastate pipeline ...

Discover how S-612, as part of JIP 33, is redefining specifications for integrally geared centrifugal compressors — and what engineers and EPC teams need to deliver compliant, ...

Keyera Corp. has agreed to acquire a large portion of the natural gas liquids (NGL) business of Plains All American Pipeline LP for a total cash consideration of about $5.15 billion (Can.) (US$3. ...

In an escalation of Middle East tensions, Israeli aircraft and drones launched early-morning strikes across Iran on Friday, targeting military and nuclear sites in what multiple ...

OMV Petrom SA will drill the Krum-1 exploration well in the Black Sea. The well will be drilled to 3,540 m TD in Han Asparuh Block 1-21 about 130 km from the coast in 1,760 m of water, partner ...

After reaching a high of $81/bbl on Jan. 15, the spot price of West Texas Intermediate (WTI) crude oil fell sharply in April to below $60/bbl, the lowest level in 4 years. The decline was mainly ...

Following the most recent decision by OPEC+ members to proceed with the accelerated unwinding of production cuts, along with supply growth elsewhere, year-on-year global crude oil (and condensate ...