Norway’s daily production averaged 1.990 million bbl in January 2025, the Norwegian Offshore Directorate reported.

Diamondback Energy Inc., Midland, Tex., has named Kaes Van’t Hof, the company’s current president, to succeed Travis Stice as chief executive officer. Van’t Hof also will join the board of directors.

Shell UK let a contract extension for brownfield engineering, procurement, and construction for onshore and offshore assets across the UK.

Cheniere Energy Inc. expects completion of the first three trains of its 10-million tpy Corpus Christi Stage 3 liquefaction project this year.

Executives also are dissolving a partnership with BPX in the Eagle Ford and expect big cost savings on drilling and completion work.

US crude oil inventories for the week ended Feb. 14 increased by 4.6 million bbl from the previous week, according to data from the US EIA.

In 2025, Matador’s leaders are looking to push gross new wells to 144 and focus more operations on laterals of at least 2 miles. The move is expected to help drive daily production to 202,000-208,000 ...

Enhanced oil recovery in unconventional reservoirs has been stymied by its low-permeability, low-porosity environment.

Low-carbon future plans frequently overlook strategies to address corresponding supply shortfalls for two key ...

Sentinel Midstream's Texas GulfLink Deepwater Port received its record of decision from the US Department of Transportation’s ...

The oil and gas industry expected a pro-fossil fuel agenda in the new Trump era and were not disappointed by his day-one orders to “unleash America’s energy dominance.” ...

EIR analyst Andrew Dittmar called the deal a priority for Diamondback “because it represents one of the last current ...