The Chakar-1 well encountered oil, and the company will conduct additional testing for further hydrocarbon potential.

ExxonMobil's second-quarter earnings declined to $7.1 billion due to lower oil prices, but the operator achieved record upstream production.

The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs ...

The campaign applies a high-volume fabrication method, proving that onsite fabrication of thermoplastic jumpers has the flexibility to scale up or down, service provider ...

Texas LNG’s FERC Final Order is expected in November, and the company has reiterated an expectation of a final investment decision by yearend.

Leaders also are sticking to Hess’ capex and production pace and expect to generate merger savings more quickly than ...