News

With the milestone, the Scarborough energy project is now over 82% complete. First LNG cargo is targeted for second-half 2026 ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Chariot is now operator of the Lixus and Rissana licenses and will progress the work program to assess and adapt the Anchois development plan based.
At 441.8 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.
Field redevelopment will be through a new-build central processing platform replacing the MOPU with 24 production well-slots. First oil is expected in second-quarter 2027.
Block I lies in the Caspian Sea and currently produces about 400 MMcfd of natural gas with access to over 7 tcf of natural gas resources and future opportunities for production capacity expansion, ...
The companies also are exploring opportunities for a potential collaboration in lower-carbon ammonia, Woodside said in a release May 14.