Shell will acquire a 30% stake in Equinor's Bay du Nord offshore oil project in Canada, advancing the C$14 billion ...

SLB has commissioned a new liquid mud plant in Pemba, Mozambique, adding 21,000 bbl of drilling and completion fluids storage ...

Transocean has added approximately $1.1 billion to its firm drilling backlog, including final approval of a $1 billion ...

Patterson-UTI averaged 103 operating drilling rigs in the U.S. during September, compared with a third-quarter average of 101 ...

Federal officials have proposed a March 2027 offshore oil and gas lease sale covering 1.05 million acres and 224 blocks in Alaska's Cook Inlet, with a proposed 12.5% royalty rate.

EPA Administrator Lee Zeldin says the agency is days away from proposing further revisions to 2024 oil and gas emissions ...

Crescent Energy will acquire Devon Energy's Eagle Ford assets in a $4.2 billion cash deal, adding 68,000 boed of production ...

KEO Energy has appointed Philippe Bize as COO to establish operations and advance redevelopment of the PetroUrdaneta oil fields in Venezuela's Maracaibo basin.

Weatherford has secured a two-year extension of several Equinor agreements and will serve as the primary completions provider ...

Kuwait's oil production has recovered to about 2 MMbpd, or 75% of prewar levels, as more tankers risk transiting the Strait ...

OPEC+ will keep November oil production targets unchanged as Middle East disruptions constrain actual output and crude prices remain near $100/bbl.

The deal brings over coiled tubing units and related equipment from STEP Energy Services' U.S. coiled tubing, fluid and nitrogen pumping, and well services operations, paid for with revolver-funded ...