News

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 ...
The flow of oil has grown by roughly 800,000 barrels a day since early 2022, ... But the comeback in U.S. oil production poses big risks, too.
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 ...