Parallax Energy, based in Calgary, holds a 75% interest in around 300,000 acres focused on light oil and NGL. Credit: Vladimir Endovitskiy/Shutterstock.com. Avenrock ...

The Cronos gas field lies in water depths of 2,287m. Credit: kaiser-v/Shutterstock.com. McDermott has secured a subsea contract from Eni Cyprus, a subsidiary of Eni, for the Cronos gas development in ...

Enbridge will take a 51% stake in the Powder River Gateway system, comprising two pipelines totalling 240,000bpd. Credit: fotokaleinar/Shutterstock.com. Enbridge has ...

Vessel transits in the Strait of Hormuz fell to seven on Thursday, well below the ten-day average of 15. Credit: WR7/Shutterstock.com. Oil prices declined on Friday 11 September but remained set to ...

TotalEnergies operates Block 17 with a 38% stake. Credit: James Jones Jr/Shutterstock.com. TotalEnergies has announced the Acacia-5 oil discovery in Block 17 offshore Angola and plans to bring the new ...

The appraisal well is located on EP161, approximately 160km east of Daly Waters. Credit: Petro Perutskyi/Shutterstock.com. Australian energy major Santos has begun drilling its first appraisal well in ...

The Deepsea Bergen rig is built to the CS 60 E harsh environment specification. Credit: James Jones Jr/Shutterstock.com. Norwegian deepwater driller Odfjell Drilling has received a letter of award ...

The LNG project aims to improve energy security across the Western Balkans and south-east Europe. Credit: GreenOak/Shutterstock.com. Argent LNG and the Albanian Government have signed a non-binding ...

The merged company is expected to control more than 1,500 sections across the Clearwater fairway in Alberta, Canada, with over 300mboe of 2P reserves. Credit: Arturas Orlauskas/Shutterstock.com.

How far has electrification progressed across the oil and gas value chain so far? Uptake is uneven, with electrification advancing in pockets rather than as a wholesale shift. In midstream oil ...