PT Medco Energi Internasional Tbk, through its subsidiary PT Medco E & P Rimau, discovered hydrocarbons at the West Kalabau-1 exploration well in Rimau Block, South Sumatra, ...

The Republican-controlled Congress voted along party lines to kill a federal fee on oil and gas producers that release high ...

The PL1119 license group will evaluate the commerciality of the discovery by studying options for development through existing area infrastructure.

However, the group emphasized flexibility, stating that the increase could be paused or reversed depending on market conditions.

The objective of the well was to prove petroleum in Upper Cretaceous limestone rocks in the Tor formation. The well ...

Pantheon Resources plc will test multiple zones of the Megrez-1 well on Alaska's North Slope before the end of March 2025.

Valeura Energy Inc. completed a five-well infill drilling campaign comprising three production- wells and two appraisal wells at Manora field in License G1/48 offshore Gulf ...

Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief ...

ExxonMobil contractor SBM Offshore signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO, which is set to arrive in Guyanese waters this year.

Vaalco will operate the block, carrying partners through the seismic reprocessing and interpretation stages and potentially ...

Crude prices are lower as the Trump administration’s tariff plans are front-and-center on the minds of traders.

Capital spending will be flat from last year but the Utica, Dorado, and international projects are getting more funding.