Oilsands Quest is evaluating the potential to develop its Axe Lake oil sands discovery in northwestern Saskatchewan using typical steam-assisted gravity drainage (SAGD) technology. Oilsands Quest ...

The A$8 bln takeover bid raises PNG national interest concern Santos' $115 mln cost-savings target below expectations Oil Search shares jump 2.7%, Santos up 1% The deal will make Australia's ...

LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even ...

Shell has taken another axe to its once lofty decarbonization plans, as the U.K. oil giant’s pivot back to fossil fuels picks up steam. The group plans to cut at least 15% of staff working in ...

takeover of Oil Search would create a global top 20 oil and gas company and make Santos the largest shareholder in Papua New Guinea's biggest resource project, the PNG LNG project, run by Exxon ...

The Biden administration canceled several oil and gas leases issued in early 2021 to an Alaskan state economic development agency, it announced Wednesday. The Department of the Interior (DOI ...

LONDON (Reuters) - Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows ...

Papua New Guinea's Government has conceded it lost hundreds of millions of dollars on a controversial deal to buy a stake in Australian-listed oil and gas company Oil Search. PNG Government-owned ...

David Axe writes about ships, planes, tanks, drones and missiles.

Add articles to your saved list and come back to them any time. Papua New Guinea’s Prime Minister has warned Australian energy giants Santos and Oil Search he expects them to maintain a ...