At 440.4 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.

Through the deal, Shell would acquire TotalEnergies’ 12.5% stake in the production sharing contract, which includes Bonga ...

The expansion adds an incremental 200 MMcfd of natural gas to the previously existing 60 MMcfd for a total designed inlet ...

Under the agreement with Kyushu, Energy Transfer LNG will supply up to 1.0 million tonnes/year of LNG for 20 years.

The drilling campaign for the remaining seven gross wells on the platform will now begin, partner bp Trinidad and Tobago said in a release May 29.

Under the terms of the deal, JERA will purchase 2.0 million tpy of LNG on a free on board basis at a price indexed to Henry Hub.

Entered into operation on May 27, the new diesel hydrotreating unit is equipped to produce 63,000 b/d of low-sulfur S-10 ...

ExxonMobil France Holding is negotiating with North Atlantic France for a sale of its 82.89% interest in Esso SAF as well as ExxonMobil Chemical France.

OKEA ASA discovered oil in the northern part of the North Sea and will assess the deposit as part of further development of ...

The Maria Phase 2 revitalization project is a four well subsea tie-back to existing infrastructure in Maria field.

The role of treasurer was previously held by Ben C. Rodgers who was recently promoted to chief financial officer.

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in ...