Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Shell (NYSE:SHEL) said Tuesday it restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and offloading facility. The Penguin field's export ...

Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated ...

In the Permian basin, the top U.S. oilfield located in West Texas and eastern New Mexico, the rig count is at its lowest since February 2022. The number of active frac fleets totaled 183 in the week ...

Libya resumed loading oil from two eastern ports that account for a third of its exports after they were halted for a day by protesters. Libya resumed loading oil from two key eastern ports ...

Liberty Oilfield Services Inc . (NYSE:LBRT) reported its fourth-quarter 2024 earnings, missing analyst expectations with earnings per share (EPS) of $0.10 against a forecast of $0.16. Revenue for the ...

In the Permian basin, the top U.S. oilfield located in West Texas and eastern New Mexico, the rig count is at its lowest since February 2022. The number of active frac fleets totaled 183 in the ...

First, the company has a frac fleet operating in Australia, where shale plays are still in a relatively early stage. Second, Liberty has a couple of strategic investments beyond the oilfield such ...