Shell plc subsidiaries Shell Offshore Inc. and Shell Pipeline Co. (SPLC) agreed to acquire interests in Ursa and Europa fields and Ursa Oil Pipeline Co. LLC from ConocoPhillips Co. (COP) for $735 ...

Aker BP ASA drilled a dry well in the Bounty Updip prospect in the Norwegian Sea. Wildcat well 6306/6-3 S, the second in production license 886, was drilled using the Scarabeo 8 drilling rig to a ...

Norway’s daily production averaged 1.990 million bbl in January 2025, the Norwegian Offshore Directorate reported.

The unexpected 2023 decision by Omaha-based Navigator CO2 Ventures LLC to suspend its proposed 1,300-mile carbon capture utilization and sequestration pipeline, affected ...

Diamondback Energy Inc., Midland, Tex., has named Kaes Van’t Hof, the company’s current president, to succeed Travis Stice as chief executive officer. Van’t Hof also will join the board of directors.

In 2025, Matador’s leaders are looking to push gross new wells to 144 and focus more operations on laterals of at least 2 miles. The move is expected to help drive daily production to 202,000-208,000 ...

Cheniere Energy Inc. expects completion of the first three trains of its 10-million tpy Corpus Christi Stage 3 liquefaction project this year.

Shell UK let a contract extension for brownfield engineering, procurement, and construction for onshore and offshore assets across the UK.

US crude oil inventories for the week ended Feb. 14 increased by 4.6 million bbl from the previous week, according to data from the US EIA.

Enhanced oil recovery in unconventional reservoirs has been stymied by its low-permeability, low-porosity environment.

EIR analyst Andrew Dittmar called the deal a priority for Diamondback “because it represents one of the last current ...

Executives also are dissolving a partnership with BPX in the Eagle Ford and expect big cost savings on drilling and completion work.