Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and ...

West Africa's deepwater has become a key drilling target for some of the biggest international companies. Cote d'Ivoire has been producing crude for years and is set to triple its output by 2027 ...

Gas production was predictably higher than ever in Norway in 2024, while exploration remains very strong and new field developments are being matured, according to the country's leading regulator.

LONDON, Aug 29 (Reuters) - Shell (SHEL.L), opens new tab plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly ...

LLOG Exploration Co. LLC has advanced work on the Salamanca project in the Gulf of Mexico. The project envisages refurbishing a former Gulf of Mexico production platform into a floating production ...

LONDON, April 7 (Reuters) - Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding that deals ...

Vår Energi ASA and license partner Kistos Energy Norway AS have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area of the Norwegian North Sea. The ...

Looking ahead, the US copper output is forecast to grow at a CAGR of 7.2% between 2025 and 2035, reaching approximately 2,158kt by 2035. This long-term growth will be underpinned by the commissioning ...

This is the first installment in a five-part series providing data-driven analysis and recommendations to strengthen U.S.-Africa collaboration in the critical minerals sector. Africa has been ...

CEO Eric Hambly began by noting, "we achieved total production of 200,000 barrels of oil equivalents per day and oil production of 94,000 barrels per day, underscoring the strength and potential of ...

India's Cairn Oil & Gas plans to embark on an ambitious expansion to its homegrown drilling programme, positioning itself as a dominant domestic producer amid an expected surge in the country's oil ...