Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill an exploration well in the North Sea. Well 15/8-3 S will be drilled in September 2025 in production license ...

US crude stockpiles dropped by the biggest amount in nearly a year. The Energy Information Administration reports commercial ...

The reason behind the uptick in oil prices, say analysts, is due to US President Donald Trump's push for more "drilling" and combined efforts to keep the rates down.

The company began drilling the AND-5 well at Andorinha field in Brazil. The well is aimed at the Açu and Alagamar formations at a targeted total depth of about 1,177 m.