The leaders of Civitas Resources Inc., Denver, are clipping the 2025 capital spending plan by about 8% and have launched an ...

Petrobras discovered oil in Aram block in the Santos basin presalt, 248 km from the city of Santos, State of São Paulo, in 1,952 m of water. Electrical logs, gas shows, and fluid sampling from ...

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.