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Horizon Oil Ltd. is paying $30 million for the 75% stake in Exxon Mobil Exploration and Production Khorat Inc., plus an additional $7.5 million in contingency payments.

The Johan Sverdrup field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.

With tariffs discussions creating uncertainty in the energy sector, Luca Zanotti, Tenaris’ U.S. president, said he sees minimal impact with tariffs on oil country tubular goods, in this Hart Energy Exclusive interview.

Elliott Investment Management has asked a court to order Phillips 66 to require four board seats to stand for election at its annual shareholder meeting.

Shell’s CEO says he expects an update to the company’s ongoing arbitration with Venture Global.

Competition for gas supply will heat up as demand from data centers and new LNG projects jockey for a spot on takeaway lines.

Shell trimmed its annual investment budget to a $20 billion to $22 billion range through 2028 after spending $21.1 billion last year.

Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation’s oil. 

Ithaca Energy is paying $193 million to acquire JAPEX UK E&P, which holds a 15% working interest in the Seagull oil field of the U.K. Central North Sea.

Charif Souki, co-founder of the Lower 48’s first and largest LNG exporter, has his sights set on a third natural gas venture just months after his exit from Tellurian Inc.