Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...

Murphy Oil CEO Hambly said the FPSO’s location in the Wilcox trend allows for “operated and non-operated exploration prospects to tie back to a cost-advantaged facility.” ...

Ukraine said on Tuesday it had struck an oil refinery near Moscow and a facility in Russia's Oryol region that is part of the Druzhba pipeline system exporting oil to Europe.

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved ...

BP plans to boost its oil production to 2.3 million to 2.5 million barrels per day by 2030. The company said it plans to announce "major" oil and gas projects that will start by late 2027.

The mega-project covers petroleum production, the rehabilitation of existing facilities, the capture and use of natural gas produced alongside crude oil, and potential exploration projects.

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

Maruti Suzuki India Ltd (MSIL) on Tuesday (February 25, 2025) said it began commercial production at its Kharkhoda facility in Haryana in 30 months from the time of ground breaking. The ...

This new facility contributes to Maruti Suzuki's expanded production capabilities, bringing the total annual production capacity. Maruti Suzuki India has officially commenced commercial production ...

Heirs Energies, Africa’s fast-growing indigenous integrated energy company, has joined other stakeholders to discuss ways of ramping up oil production in Nigeria. The company recently hosted its ...

The bank will deploy the $1 billion facility directly to qualifying corporate clients ... And of course, Afreximbank is there to underwrite the marriage.” "Given the level of oil production in Guyana ...

A California company seeks to expand its Memphis operations with a recent production facility purchase. An LLC affiliated with Irvine-based Formosa Packaging acquired in January the property at 835 S.