Saudi Aramco's joint venture refinery in Jubail has temporarily closed units following damage caused by recent incidents amid ongoing Middle East conflicts.

May WTI fell $19.00/bbl on a day that saw a $20/bbl Hi/Lo range on the expectation that the Strait of Hormuz would reopen as ...

A total of 135 rigs were running in Canada for the week ended Apr. 10, which is down 10 from last week and down 3 from the 138 rigs working this time a year ago.

Cairn Oil & Gas (Vedanta Ltd.) plans to invest $4 billion in onshore recovery enhancement and offshore exploration and ...

Sonatrach discovered oil and gas in Libya’s Ghadames basin 70 km from Wafa field. An exploration well is producing 13 MMcfd of gas and 327 b/d of condensate from the Awynat Wanin and Awyn Kaza ...

This discovery well in Libya's Murzuq basin was the fifth of eight well commitments under the agreement signed in 2008.

Long Son Petrochemicals is upgrading its complex in Vung Tau City process increased volumes of low-cost ethane alongside its ...

This offshore discovery by Eni and NOC in Libya's western waters was made through drilling of the final well that fulfills ...

The addition brings production from the platform to 1 billion cu m/year, with gas supplies contributing to needs in the ...

The company’s $728 million investment aims to increase REGAP’s crude oil processing capacity by up to 50%, produce sustainable aviation fuels, and implement renewable energy solutions ...

A March OGJ poll showed that nearly 34% of respondents believed the price of Brent crude oil would stabilize above $100/bbl ...

The cost of developing new upstream oil projects is continuing to rise as inflationary pressure and supply chain woes endure. Cost of Supply Curve, Remaining Global Oil Resources. The cost of ...