The US is waiving its sanctions on Russian oil for 30 days as oil prices have surged globally, according to a Thursday notice from the Treasury Department’s Office of Foreign Assets Control (OFAC).

Petronas reportedly has confirmed a breakthrough discovery offshore Indonesia, and appraisal work is already being progressed following the successful wildcat on its North Ketapang working area (WK) ...

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Energy Secretary Chris Wright said US Navy escorts through the Strait may be possible by the end of the month For ads that ...

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The onshore field is in concession C17, around 130 kilometres south of Sirte. TotalEnergies holds a 37.5% production ...

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US independent Murphy Oil is busy evaluating development concepts in Vietnam for one of the largest oil discoveries in Southeast Asia in the past two decades. The operator discovered the shallow-water ...

Drilling contractor pencils in plans to build four jack-ups and three semisubs over next five years For ads that aren’t personalized, ad measurement, audience surveys, and service development we and ...

The Saudi-Kuwait joint venture developing the disputed Dorra offshore gas field development has made significant progress in key offshore engineering, procurement and construction (EPC) tenders for ...

Newly listed Eastern Gas is planning next month to begin appraisal drilling at its Venus coal seam gas (CSG) project in the Surat basin onshore Australia, subject to final operational readiness and ...

Brent futures settled above $100 per barrel at US market close Thursday, while futures for West Texas Intermediate (WTI) finished around $96 per barrel as the US and Israel's war with Iran continued ...