Crude oil and gasoline prices on Monday settled mixed. Crude was under pressure Monday due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

The initiative is part of Petrobras' 2050 Strategic Planning and 2025-2029 Business Plan, with total investment of $111 billion.

US supermajor ExxonMobil is moving forward with exploration activities offshore Guyana, drilling a new well to investigate the potential of additional oil and natural gas resources in the prolific ...

French oil major TotalEnergies has acquired a 25% interest in a Chevron-operated portfolio of 40 federal exploration leases offshore the U.S., in the Gulf of Mexico, it said on Monday.