Suncor Energy Inc., Calgary, will record a $425 million (Can.) non-cash after-tax impairment charge in fourth-quarter 2020 on its share…

Pandion Energy has agreed to acquire a 2.5% interest in PL 820 S and a 15% interest in PL 617…

Origin Energy Ltd., Sydney, has farmed into two exploration permits in the onshore Canning basin of Western Australia operated by…

Energean PLC has entered into a conditional agreement with Kerogen Investments No.38 Ltd., an affiliate of Kerogen Capital, to acquire…

US crude oil inventories for the week ended Dec. 25, excluding the Strategic Petroleum Reserve, decreased by 6.1 million bbl…

Eni and the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC) signed a memorandum of understanding to…

Magnetic Oil Ltd. has agreed to acquire OMV Petrom’s 100% interest in Kom-Munai LLP (KOM) and Tasbulat Oil Corp. LLP…

Petrorecôncavo SA signed a contract to acquire Petróleo Brasileiro SA’s (Petrobras) entire stake in 12 onshore exploration and production fields—the…

OKEA ASA will become operator of the Vette oil discovery, effective Jan. 1, 2021, following an agreement to acquire the…

Earthstone Energy Inc. has agreed to acquire Warburg Pincus-backed Independence Resources Management LLC (IRM) for $185.9 million.

FAR Ltd., Melbourne, received a $210 million (Aus.) all-cash takeover proposal from private investment fund Remus Horizons PCC Ltd.

Equinor has let two contracts worth 1.3 billion kroner in connection with the Northern Lights carbon capture and storage project.

Canadian Overseas Petroleum Ltd. (COPL) has agreed to acquire private company Atomic Oil & Gas LLC for $54 million in…

US crude oil inventories for the week ended Dec. 11, excluding the Strategic Petroleum Reserve, decreased by 3.1 million bbl…

Petróleo Brasileiro SA (Petrobras) has started the non-binding phase of the sale of a 50% stake in the Marlim Cluster…

The Australian government will decommission the Northern Endeavour floating production, storage and offtake vessel (FPSO) and its associated oil fields.

With a $1.7 billion capital budget for 2021, Phillips 66 will prioritize completion of in-progress projects and advance investments in…

Rosneft completed a farmout of a 49% interest in KrasGeoNac LLC to Equinor for $550 million including a cash consideration…

MP G1 (Thailand) Ltd., a subsidiary of Mubadala Petroleum Ltd., has officially gained additional interest in the G1/48 concession in…