For several quarters now, we have pointed to expected significant new natural gas demand...those expectations are being realized," said CEO Kim Dang.

Norway’s daily production averaged 2.017 million bbl in December 2024, the Norwegian Offshore Directorate reported.

ExxonMobil has signed an MoU with the Indonesian government to explore investment in a petrochemical complex in Indonesia with potential nearby CO2 storage opportunities.

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration well in the North Sea.

Vertex Energy has emerged as a privately held company after emerging from Chapter 11 bankruptcy. The company company filed for protections in 2024 after spending on equipment ...