The US took its strongest actions yet to slash Russian oil and gas revenues by sanctioning two oil companies, about 180 ...

US crude oil inventories for the week ended Jan. 3 decreased by 1.0 million bbl from the previous week, according to US EIA data.

San Antonio, Tex., closed on a purchase of EPIC Midstream Holdings LP’s ethylene pipeline through the acquisition of EPIC Olefins LP and EPIC ...

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, ...

The outlook for the pipeline and midstream sector in 2025 is neutral to modestly positive, according to investment research company Morningstar.

Equinor has let a contract for a front-end engineering and design (FEED) study with an engineering, procurement, construction, and installation (EPCI) option to Subsea 7 SA for the Fram Sør ...

The US Bureau of Land Management received no bids for the congressionally mandated oil and gas lease sale offering 400,000 ...

Nick Dell’Osso, president and chief executive officer of Expand Energy Corp., echoed Huddleston’s assessment of what it will ...

The Federal Trade Commission issued a $5.6 million civil penalty on oil producers XCL Resources Holdings, Verdun Oil Co., and ...

Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns.

Shell has let drilling contracts to support energy development across assets in the UK North Sea, Trinidad and Tobago, the ...

Murphy Oil drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in Cuu Long basin, 40 miles ...