Shell PLC and Chevron Corp. have put onstream the deepwater Whale field on the United States side of the Gulf of Mexico, ...

Subsea 7 could be in line for a payday in a new deal with Equinor. The Kristian Siem-backed company said it had inked a new ...

In a statement, Ohio Department of Natural Resources spokeswoman Karina Cheung said the agency is still investigating the ...

A court in Kazakhstan has fined the operator of the giant Kashagan oilfield 3.5 billion tenge ($6.64 million) for ...

A shareholder of the Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, estimates that the ...

Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...

BP has awarded Singapore-based shipyard group Seatrium a key contract linked to a floating production unit destined for the supermajor’s Kaskida development in the US Gulf of Mexico, the ...

In the first phase of development, the floating production unit will be capable of producing 80,000 barrels of crude oil per day from six wells. The topsides for the Kaskida FPU will be put ...

Designed to produce 80,000 barrels of oil per day in its first development phase, the FPU will operate in a water depth of around 6,000 feet, supported by subsea wells. Kaskida represents BP’s ...

:Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by slightly positive market outlooks for the short term and stronger U.S. economic data, despite thin trade ahead of the ...