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ExxonMobil Corp.
 |  Dec. 9, 2025
Executives now see their operations in the basin generating 2.5 MMboe/d and expect the area to generate 60% of the company’s upstream earnings growth through the beginning of ...
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US Energy Information Administration
Global oil markets are expected to move into a surplus over the coming months as production growth outpaces consumption, according to the US Energy Information Administration (EIA)’s latest Short-Term Energy Outlook (STEO).
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Global oil market concept, global map, charts, pumpjacks
Antero Resources Corp. December 2025 investor presentation
Antero Resources, HG Energy II LLC Marcellus assets, West Virginia
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US | Venezuela flags concept
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Oil & Gas Journal ReEnterprised

General Interest

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Atapu oil field FPSO
The consortium formed by the two energy majors acquired PPSA’s 3.5% participation in Mero shared reservoir agreement and 0.95% interest in Atapu.
Dec. 4, 2025
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Map of A4 license location offshore The Gambia
The company is relinquishing its rights to the license following the conclusion of discussions with the Gambian government regarding license options.
Dec. 3, 2025
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Silhouette of oil drilling pump on background of US flag.
At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report indicated.
Dec. 3, 2025
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Organization of Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria
The meeting took place amid renewed US efforts to negotiate a peace agreement between Russia and Ukraine. A successful deal could potentially increase global oil supply if sanctions...
Dec. 2, 2025

Refining & Processing

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European and American flags as backdrop to drilling rigs
Alongside presenting major US and European refinery shutdowns either completed or announced during the past year, this article examines implications of these closures for global...
Dec. 8, 2025
Photo from RASCO
RASCO’s ethylene-producing steam cracker
The ethylene plant’s restart marks a key milestone in the gradual reactivation of RASCO’s Ras Lanuf complex, one of North Africa’s largest integrated projects as well as one of...
Dec. 8, 2025
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Bharat Petroleum Corp. Ltd. (BPCL) entered strategic memoranda of understanding with Oil India Ltd., Numaligarh Refinery Ltd., and Fertilisers & Chemicals Travancore Ltd. to develop...
Dec. 8, 2025
Photo from Azure Energy Holdings Ltd.
400-Mscfd Soyo gas treatment plant
The NGC gas plant is equipped with capacities to process 400 MMcfd of gas and 20,000 b/d of condensate from two wellhead platforms in NGC’s Quiluma and Moboquerio shallow-water...
Dec. 3, 2025

Drilling & Production

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By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary annual assessment from Oil & Gas Journal. Global proven...
Dec. 8, 2025
Photo from CNOOC Ltd.
Offshore oil and gas platform
The project is expected to achieve a plateau production of about 16,900 boe/d in 2026. The oil property is light crude.
Dec. 3, 2025
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Close up of a world map with Argentina in focusYPF SA has let a 5-year contract to Archer Ltd. for drilling services in Vaca Muerta, Argentina.
Under the terms of the agreement, Archer will provide and operate seven drilling rigs, equipped with integrated Managed Pressure Drilling (MPD) systems. Two of these rigs will...
Dec. 1, 2025
Photo from pb plc
bpTT drilling operations, Trinidad
At peak, Cypre is projected to deliver about 45,000 boe/d. Cypre is bpTT’s third subsea development and is one of bp’s 10 major projects expected to start up worldwide between...
Nov. 24, 2025

Exploration & Development

Photo: ©Equinor
Sleipner field infrastructure in the North Sea
Equinor Energy has identified gas and condensate reserves in the Lofn and Langemann wells within the Sleipner area of the North Sea, marking the company's largest discoveries ...
Dec. 5, 2025
Illustration from Chevron Corp.
Chevron-operated Gorgon Stage 3 subsea arrangement illustration
Chevron Australia and partners have approved the $3 billion (Aus.) Gorgon Stage 3 project, connecting offshore gas fields to existing infrastructure, aiding in long-term natural...
Dec. 5, 2025
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Hydraulic fracturing equipment, Vaca Muerta, Argentina
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Argentina's crude oil output reached a historic 859,500 b/d in October 2025, primarily fueled by shale development in Neuquén, surpassing the previous record set in 1998. Operational...
Nov. 25, 2025
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Aerial view of oil and gas platform offshore
The US Interior Department revealed a plan to significantly expand offshore oil and gas leasing, including new areas off Florida, California, and Alaska, with up to 34 lease sales...
Nov. 21, 2025

Pipelines & Transportation

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FERC website mission statement
The commission granted Sempra Infrastructure a 5-year extension to bring its Cameron LNG plant online, citing project advancements and environmental compliance efforts. Simultaneously...
Nov. 26, 2025
Rendering from NextDecade Corp.
NextDecade Rio Grand expansion plan
Train 6 is being developed inside the existing levee at the Rio Grande LNG plant site and adjacent to Trains 1-5.
Nov. 24, 2025
Expand Energy Corp.
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Chief operating officer Josh Viets said there’s no pressure on the company’s balance sheet to sell its 35% share in NG3, which was put into service Oct. 1 and is already transporting...
Nov. 21, 2025