CNOOC plans a total of 15 development wells to be commissioned with the project expected to achieve a plateau production of about 11,200 boe/d in 2027.

The 246-acre project site on Monkey Island in Cameron Parish, is positioned with access to deepwater shipping channels and US natural gas supply.

Crude prices fell to levels not seen in 3 months during this holiday-shortened trade week as any bullish support fell sway to ...

Block 3/24 is Afentra's first offshore operatorship and increases the company's gross offshore acreage position to 810 sq km ...

Configured with advanced ethane-extraction capabilities and equipped with a cryogenic gas processing capacity of 220 MMcfd, ...

North American drilling activity increased to a total of 718 rotary rigs working for the week ended Sept. 5. An increase in ...

Interoil said Petrominera’s termination of the agreement “is purported to be based upon alleged failures of the private ...

Executives from major energy companies gathered in New York to discuss investment, acquisitions, growth prospects, and more, ...

After calling an interim suspension of works on the planned 820,000-tonnes/year biofuels plant in 2024 to reassess ...

At 420.7 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of year, the EIA report indicated.

Biodiesel imports averaged just 2,000 b/d between January and June, down sharply from 35,000 b/d during the same period last ...