According to the status report on the oil and gas developments in Uganda, the drilling is still on schedule and the remaining 63 oil wells are expected to be drilled on time.The report indicates that ...

In July 1988, a fire breaks out on a vast oil rig in the North Sea, trapping Joe Meanen.

W&T Offshore, Inc. has promising growth catalysts and a solid Balance Sheet to support its expansion. Read what makes WTI ...

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

Dan Ammann says ExxonMobil is finding better ways to unlock more of its known resources, through a 'production line' approach ...

The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...

Murphy Oil acquires the BW Pioneer floating production storage and offloading vessel from BW Offshore for $125M.

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

A Texas oil company’s plan to restart oil production on the Gaviota Coast is under scrutiny from federal lawmakers. On Monday, ...

Petrobras S.A. PBR, the Brazilian state-owned energy giant, has announced that the Alexandre de Gusmão floating, production, storage and offloading (FPSO) vessel, slated to work on the Mero field, has ...

Murphy Oil CEO Hambly said the FPSO’s location in the Wilcox trend allows for “operated and non-operated exploration prospects to tie back to a cost-advantaged facility.” ...

The proposed U.S. steel and aluminum tariffs will increase costs for U.S. Oilfield Services companies that rely on this metal for their operations.