The Organization of the Petroleum Exporting Countries (OPEC) oil production has risen for a third month in September, a Reuters survey found.
Equinor has finalized plans on an 18.6 billion Norwegian crown ($1.95 billion) development of the North Sea discovery.
Royal Dutch Shell PLC RDSa.L is considering selling off its 45% stake in the Malampaya gas-to-power project in The Philippines, a key power source for the country's main island of Luzon, its local unit said on Thursday.
Oil and gas producer Premier Oil PMO.L has begun talks with BP BP.L to lower for the second time a $210 million deal to acquire stakes in two North Sea oilfields.
Bidders from state-owned companies to private equity-backed firms have been attracted to Exxon Mobil Corp.’s U.K. North Sea assets. This is as the U.S. oil giant seeks to exit the ageing region altogether, according to people with knowledge of the matter.
Libya's National Oil Company (NOC) has said it expected oil production to rise to 260,000 barrels per day (bpd) next week, as the OPEC member looks to revive its oil industry, crippled by a blockade since January.
Equinor has been issued a drilling permit by the Norwegian Petroleum Directorate (NPD) for a wildcat well located in the North Sea offshore Norway.
Venezuela is preparing to boost its crude oil production using diluents imported from Iran, Reuters reports, citing unnamed sources and company documents.
U.S.-based oil and gas company Kosmos Energy said on Wednesday that it agreed to sell some of its exploration assets in Africa and South America to a unit of Royal Dutch Shell for up to $200 million.
The U.S. President, Donald Trump on Tuesday announced an expanded ban on offshore oil development near the coasts of Florida and the southeast U.S. as he made a case for his environmental record in the must-win Sunshine State.