The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.

Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...

The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...

Ekperikpe Ekpo, has urged Seplat Energy Producing Nigeria Unlimited (SEPNU) to accelerate its natural gas delivery efforts for domestic use and export markets. The Minister shared this statement on ...

Kazkah President Tokayev wants improved terms in new contracts with Western majors operating the country’s leading projects ...

The initiatives seek to improve the quality of life of vulnerable populations while fostering long-term stability in the region, in line with the United Nations Sustainable Development Goals (SDGs) ...

The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES stock is a Hold.

Viva's fourth-quarter 2024 Geelong refiner margin was 24% below the previous corresponding period at USD 6.70 per barrel. The refined fuel retailer is guiding to underlying 2024 group EBITDA of AUD ...

Sustainable Capital Ltd, a Mauritius-based investment firm, has acquired a significant 9.96 per cent stake in Seplat Energy ...

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has begun exploratory drilling offshore Cyprus in partnership with QatarEnergy to tap into the potential natural gas reserves in the region.