A bill to create tax incentives for oil drilling outside of North Dakota’s primary production areas passed the Senate on ...

Johan Castberg has an average water depth of 360-390 meters (1,181.1-1,279.53 feet) according to Equinor. "Johan Castberg has ...

The Johan Castberg oil field in the Barents Sea came on stream. The field will be producing for 30 years and bolsters Norway’s role as a ...

Grant-Funded Expansion: Building upon a successful Field Study Agreement announced in December 2024, Volt and Wellspring will deploy the new grant proceeds to scale and further refine Volt’s ...

After weather-related delays, Equinor has started production at the Johan Castberg oilfield, which will add 220,000 barrels ...

Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the ...

OSLO (Reuters) - Equinor's Johan Castberg oilfield in the Arctic Barents Sea began production on Monday after several delays, ...

New LNG projects on the U.S. Gulf and East Coasts face substantial risks due to unpredictable capital costs, labor shortages, ...

A jury in North Dakota has ordered Greenpeace to pay more than $660 million for its role in protests against the ...

Hess' track record for efficiently allocating capital and generating value has been steadily improving. The company has streamlined its portfolio by jettisoning less competitive and riskier positions ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

Exxon Mobil Corporation XOM, the U.S. oil and gas major, has signed a deal with Horizon Oil Limited, an Australian upstream firm, to divest some of its assets in Thailand. ExxonMobil shall divest its ...