The licensees will assess the discovery together with prospects in the area with a view towards a potential tieback.

This is a major victory for Wyoming’s oil and natural gas industry—not only in securing the 1,000 permits affected in Wyoming ...

Crude oil market uncertainty continues to reign as the price consolidation period stretches into its fourth week.

At 422.2 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...

Designed to protect the sensitive Kvarner seabed, the subsurface barrier system will intercept and prevent migration of oily ...

The companies signed a 10-year agreement for the supply of about 2 billion cu m/year, representing what the companies call a ...

By recommending the use of oil benchmarks which reflect market fundamentals like ICE Midland WTI, the U.S. Energy Dominance ...

The suspension follows three explosions early in the morning, one involving a small storage tank and the other involving ...

Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed ...

The privately held company recently received an equity commitment from Dallas, Tex.-based Pearl Energy Investments.

The decision allowed Chevron to complete its $53-billion acquisition of Hess. The parties had referred their Stabroek standoff to the International Chamber of Commerce in ...

Jonathan C. Stein, currently chief financial officer of Hess Midstream, has been named chief executive officer, succeeding John B. Hess.