The well was drilled to a vertical depth of 5,300 m and contains a 1,312-m horizontal section. This depth set a record for vertical depth of shale gas wells in China.

Identified as agreements of “high-strategic importance,” the two memorandums of understanding for development of the refinery ...

Phoenix confirmed it will independently finance its multi-year investment program, which includes $2 billion in planned capital expenditures over the next 5 years.

Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned ...

GeoPark said it remains flexible to pursue other opportunities after Phoenix Global withdrew from a 2024 agreement.

Chariot is now operator of the Lixus and Rissana licenses and will progress the work program to assess and adapt the Anchois development plan based.

WoodMac: US tight oil faces tariff cost pressures, but increases will be offset elsewhere ...

With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

Executives of Venture Global Inc., Arlington, Va., have increased their 2025 guidance for cargos from the company’s Calcasieu ...

Commissioned in mid-August 2022, the 150,000-tpy CIL unit—which produces high-octane alkylate with a RON of 98 to ensure the ...

At 441.8 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.