The country was among several that are showcasing acreage available for oil and gas exploration, development and production.
The Dallas-based oil and gas company is bullish on conventional production and believes that is what is needed to develop significant resources internationally.
There will be no seismic exploration this winter on the coastal plain of the Arctic National Wildlife Refuge (ANWR), the Interior Department said on Feb. 8, after the company seeking permission to conduct the tests ran out of time to get the required permit.
Why it is so hard for NOC Libya to ensure production resumption from El-Sharara oilfield.
Libya's biggest oilfield, El Sharara, will remain shut until an armed group occupying the site leaves, the head of National Oil Corp (NOC) said on Jan. 29, more than a month after the field closed because of a protest.
Russia came in as China's largest crude oil supplier in December, cementing the top spot for all of 2018 for a third year in a row ahead of rival Saudi Arabia, customs data showed on Jan. 25.
U.S. oil producers sought on Jan. 23 to soothe OPEC's worries about losing market share, telling the group that investors in the U.S. firms wanted a reduction in growth and higher payouts.
Old-time conventional E&P is yielding big profits in South Louisiana for these operators familiar with bypassed potential.
During the incident the lower mariner riser package on the blowout preventer was unintentionally disconnected for still unknown reasons.
Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Jan. 18 after talks with his South African counterpart.