Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

The new chief executive of US independent Murphy Oil has emphasised his company's dedication to offshore exploration with ...

Murphy Oil drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in Cuu Long basin, 40 miles offshore Vietnam.

Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in ...

Gulf of Suez Petroleum Co. (GUPCO) confirmed reserves with the East Crystal-1 exploratory well in an integrated concession ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

But most of the drilling leases already granted to companies in the oil-rich Gulf are idle and unused, and they’ll stay that way until the United States’ record-breaking production rates wane ...

Despite significant efforts by Bangladesh to attract foreign investment in offshore oil and gas exploration, the response ...