Navitas Petroleum Development and Production Ltd. (NPDP) has taken a final investment decision to develop Phase 1 of Sea Lion oil field about 220 km to the north of the Falkland Islands. The Falkland ...

WASHINGTON – President Donald Trump proposed Thursday a five-year plan that would open about 1.27 billion acres to oil and gas exploration and hold seven lease sales off Louisiana’s Gulf coast, ...

Interior Department restores canceled leases to Alaska state agency Arctic National Wildlife Refuge is home to polar bears, Porcupine caribou, migratory birds Alaska lawmakers have sought to open ...

The Leon and Castile fields in the US Gulf have achieved first oil, operator LLOG Exploration and partner Repsol confirmed Monday. First production was reached Saturday, according to a LLOG official.

Exxon Mobil Corp. plans to move forward with its seventh oil project in Guyana after receiving required regulatory approvals, according to a statement Exxon expects the $6.8 billion Hammerhead ...

The joint venture partners in the large Buchan oil redevelopment project in the UK North Sea have clearly defined the steps required to reach the final investment decision, but the unclear UK fiscal ...

Magnolia Oil & Gas delivered record production and raised guidance for both 3Q25 and full-year 2025, beating Street expectations. Capex remains unchanged despite higher production, highlighting strong ...

The United States and Pakistan have inked a trade deal that will involve the joint development of Pakistan’s oil resources. “We have just concluded a Deal with the Country of Pakistan, whereby ...

The Interior Department is taking additional steps to enable oil and gas drilling in the National Petroleum Reserve-Alaska, revoking Biden-era documents that called for expanding “Special Areas” that ...

President Trump’s and Interior Secretary Doug Burgum’s prospective opening of Alaska to oil and natural gas development has coupled with ConocoPhillips’ Willow Project on the North Slope of the ...

The newly signed tax, spending and immigration bill seems likely to complicate efforts to resolve the natural gas crisis in Southcentral Alaska because it quashes Biden-era tax credits that supported ...