Libya’s AGOCO has repaired a key crude oil pipeline as the country attracts major international oil companies in its first ...

US-based Halliburton has announced a collaboration with Petronas exploration and production (E&P) subsidiary Petronas Carigali to deploy next-generation subsurface modelling and reservoir management ...

Luda 5-2 North Phase 2 aims to unlock field’s full potential with expected peak output of 6700 barrels of oil equivalent per day by 2026, using thermal recovery techniques for heavy crude production ...

CEO Herbert Vogel highlighted that SM Energy’s 2025 plan aims to deliver a 40% increase in free cash flow, supported by a 30% growth in oil production. The company also expects to achieve a ...

S&P estimates that US oil production will dip to 13.3 million barrels per day in 2026, a 130,000-barrel decline from its 2025 forecast. It would be just the second time in the past decade that US ...