The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil ...

The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed ... 275-310 million to support production of 35,000 boe ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

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A worker tests crude oil sample at an offshore production platform of the first phase of Bozhong 26-6 oilfield in China's Bohai Sea, Feb. 8, 2025. The first phase of Bozhong 26-6 oilfield, by far the ...

The rig count in Canada ended the week with an additional 13 rigs running. For the week, the rig count in Canada stood at 258 ...

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...

Shell restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and ...