Prio SA has agreed to acquire a 40% interest in Peregrino and Pitandola fields offshore Brazil. The agreement was signed with SPEP Energy Hong Konmg Ltd. and Sinochem International Oil (Hong Kong) Co.

To facilitate completion of the merger, Hess and Chevron have agreed that Hess chief executive officer John Hess will not be appointed to the Chevron board of directors.

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future ...

Equinor has let a contract to Aker Solutions ASA as part of the Troll Phase 3 stage II modification project aimed at accelerating production from the Troll West gas ...

A survey tracking oil and gas activity and sentiment in Texas and adjoining areas ticked down this quarter but sentiment ...

The storm intensified Wednesday, Sept. 25, and is expected to hit Florida’s Big Bend region on Thursday, Sept. 26, possibly ...

BSEE estimates that about 25.25% of the current oil production is shut-in, down from yesterday's report of 29.18%.

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...

The US Bureau of Safety and Environmental Enforcement (BSEE) is monitoring offshore oil and gas operations in the US Gulf of ...

The Equinor Energy-led Northern Lights JV is ready to receive and store CO2 at the cross-border CO2 transport and storage ...

Lime Petroleum AS signed an agreement with OKEA ASA to acquire OKEA’s 15% interest in the Repsol Norge AS-operated Yme field, ...

Petrobras initiated pre-commissioning activities for the new natural gas processing unit at its energy complex in Itaborai, ...