The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...

A project to process associated gas from the huge Kashagan offshore oilfield must come online before the end of 2026 despite ...

Cairn Oil & Gas, an India-based private oil and gas company and Vedanta Group entity, has formed a strategic alliance with ...

Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...

In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a ...

The Daman upside development and DSF-II projects are crucial to ONGC’s plan to boost gas production from its west coast ...

The new licensing round offers a diverse range of exploration blocks across Egypt’s petroleum-rich regions, including the Mediterranean Sea and the Nile Delta. These blocks are part of the country’s ...

CNPC Offshore Engineering Co Ltd (CPOE) has made its first foray into Southeast Asia's offshore drilling services sector, ...

President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...