Venture Global has reached an $8.6 billion financial close for the second phase of its Calcasieu Pass 2 (CP2) development in Louisiana, the US liquefied natural gas exporter said on Friday. The final ...

Oilfield services companies in the US shed nearly 2000 jobs in February, new data shows. A report issued by the Energy Workforce and Technology Council (EWTC) on Thursday shows employment in oilfield ...

A provision measure published on 12 March cuts the so-called PIS and Cofins federal taxes on diesel to zero, and imposes a 12% tax on crude oil exports, as well as a 50% levy on diesel shipments.

LNG momentum and soaring equipment demand sees Baker Hughes sharpening its portfolio to deliver against record project backlog ...

In other words, as far as oil prices are concerned, the IEA release may not have happened at all. Market sentiment is just as bleak after the announcement as it was ahead of it. T ...

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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) ...

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 ...

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 ...

Saudi Arabia and Kuwait are locked in a long-standing dispute over Dorra with Iran, which refers to the field as Arash ...

Nova Scotia has announced it will partly reimburse well costs in an effort to encourage upstream players to participate in a ...