Matador produced a net profit of $150 million in the second quarter, a drop of more than 30% from the same period of 2024, as oil and gas revenues rose 5% to $816 million but average oil sales prices ...

At 419 million bbl, US crude oil inventories are about 9% below the 5-year average for this time of year, the report indicated.

Discover how optimized filtration and coalescence solutions can improve product quality, protect downstream equipment, and maximize uptime in natural gas liquids processing.

SLB will construct six carbon storage wells. The project scope includes drilling, measurement, cementing, fluids, completions ...

TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. TotalEnergies started production from Begonia on ...

These measures are set to isolate Nayara from the European distillate market within a transition period of a few months.

Tests confirmed a 62-m hydrocarbon column with excellent reservoir properties for oil and gas production in the Main Dolomite geological formation.

Global natural gas demand returned to structural growth in 2024 and continued to expand in first-half 2025, albeit at a ...

OMV Petrom let a rig contract to drill exploration wells in the Black Sea. The wells will be drilled on 1-21 Han-Asparuh block. OMV Petrom has let a rig contract to Noble Corp. for the Globetrotter I ...

Average daily liquids production in June consists of 1.675 million b/o, 174,000 bbl of NGL, and 5,000 bbl of condensate.

Harvest Alaska has agreed with Marathon Petroleum and Chugach Electric to buy the existing Kenai LNG plant, currently owned by a Marathon subsidiary, and repurpose it to be a ...

The licensees will assess the discovery together with prospects in the area with a view towards a potential tieback.