News and Updates

Rising U.S. Diesel Futures and OPEC+ Supply Cuts Drive Gains

The End of Relentless Growth in Oil, Gas, and Coal Demand

Norway and UK Achieve Milestones in Oil and Gas Production

Perenco Mexico's Recent Drilling Success at Santuario Noreste

US and Other Producers Offset OPEC Cuts with Surging Output

Norway and the UK Poised for Significant Milestones

Unlocking Efficiency, Safety, and Sustainability

Successful Exploration Continues Near Fram Field

High Demand for Offshore Blocks in Barents Sea

Record Tax Revenue and Economic Impact of the Permian Basin

Venezuela Receives Oil Shipment Amidst Fuel Scarcity

ExxonMobil Projects World Will Struggle to Meet 2050 Emission Targets

Successful Restocking Boosts Winter Energy Resilience

Norwegian Hydrocarbon Production on the Rise in 2023

Despite Global Promises, Fossil Fuel Support Hits Record High

A Remarkable Find in the Troll/Fram Area - Equinor's Ninth Oil and Gas Discovery Shines in North Sea

YPFB's Remanso-X1 Well Holds Promise for Bolivia's Energy Future

Private Investment Sought for Port Infrastructure Project Following Significant Offshore Oil Discoveries

Prime Minister Commits to Licensing Rounds as New Analysis Highlights Domestic Gas Production's Lower Carbon Footprint

Shift from Russian Imports Leads to Increased Dependence on Regimes Accused of Rights Violations and Conflicts

Rebound from Historic Lows Expected as Industry Embraces Favorable Economics and New Opportunities

Growing Economic Attractiveness and Energy Security Needs Drive Increase in Exploration Investment

Growing Economic Attractiveness and Energy Security Needs Drive Increase in Exploration Investment

Rising Demand Spurs China to Increase Iranian Crude Imports Amidst Global Competition

Norwegian North Sea Continues to Yield Promising Hydrocarbon Reserves for Equinor

Navigating China's Surging Crude Oil Imports and Iran's Production Ambitions

Enhancing the Oil and Gas Landscape with Remarkable Contract Surges

An offshore drilling rig has arrived in Lebanon's Block 9, signaling the commencement of drilling activities in the region.

Surging Demand for US Fuel and Production Cuts Propel Oil Prices to New Heights

Highlighting the commitment to the region and the potential of the Bay du Nord project in the Newfoundland and Labrador energy sector.

Frontier exploration remains a pivotal force in shaping investments across Africa, even amidst the backdrop of oil companies divesting from mature assets.

Key Developments in the Oil Market: Interest Rate Hikes, Crude Inventories, and OPEC+ Focus

Austria's OMV Announces Major Gas Discovery and Long-Term LNG Agreement

PETRONAS Carigali Sdn. Bhd., a wholly owned subsidiary of PETRONAS, has achieved remarkable success with the discovery of six oil and gas reserves...

Saudi Arabia Expected to Extend Oil Production Cut into September - Saudi Arabia is poised to prolong its 1 million-barrel-per-day reduction in oil production.

Global crude flows have shifted completely in a relatively short period of time. Because of the resilience of oil demand Russia’s oil revenues are recovering, too.

The last large module has been delivered to the LNG Canada project in Kitimat, a joint venture comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation.

Iraq and TotalEnergies expect to kick-start a long-delayed $27 billion (€24.5 billion) project within the next two weeks, according to Iraq's oil minister Hayan Abdel-Ghani.

Russian pipeline monopoly operator Transneft said on Wednesday that there was an attempt at a “terrorist attack” on a filling station of the Druzhba oil pipeline in Russia's Bryansk region bordering Ukraine.

Major oil and gas operators in Canada's energy-producing province of Alberta have restarted part of the production and processing facilities that were shut during the weekend as wildfires prompted an evacuation.

Argentina is once again in the grips of an economic crisis, with its economy expected to see meager growth in 2023 or even a contraction.

Unsurprisingly, the average millionaire has multiple streams of passive income. After all, the more passive income sources you stack up, the closer you reach financial freedom.

As European businesses brace for energy shortages, workers at one plant in south-eastern France are getting a new winter wardrobe.

Warren Buffett's firm Berkshire Hathaway has sold billions of dollars' worth of U.S. stocks in the first three months of the year, raising concerns among investors over the state of the slowing U.S. economy.

The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the Strategic Petroleum Reserve for delivery in August, and asked that offers be submitted by May 31.

(WO) – According to Equinor, the Njord field in the Norwegian Sea will be officially opened by the minister of petroleum and energy, Terje Aasland.

(WO) — Offshore Energies UK has responded to claims by the Energy & Climate Intelligence Unit (ECIU) that the UK faces sharp rises in gas imports, and import costs, over the next decade, linked to declining production from the UK's North Sea.