Refining, petrochemicals and fuels — the last stretch between the barrel and the customer.
RH Petrogas has confirmed oil, gas, and condensate resources at its Northwest Klagagi-1 well in the Kepala Burung Production Sharing Contract area of Southwest Papua, Indonesia.…
The Bureau of Land Management’s Vernal Field Office has approved two drill permits authorizing Koda Uinta, LLC, to directionally drill gas wells from the Tungsten 42-26-723…
On August 22, the Troll Phase 3 Stage 2 subsea project came on stream in the North Sea—ahead of schedule and under budget. Equinor operates it…
Navitas Petroleum LP signed a deal Monday to acquire the vessel OSX1 for approximately $125 million. That adds a second floating production, storage and offloading platform…
Aker BP has started production from the Skarv Satellite Project in the Norwegian Sea—bringing the Alve Nord, Idun Nord, and Ørn fields online simultaneously, a full…
Dale Vince, the green energy entrepreneur, Ecotricity founder, and prominent Labour donor, has publicly called on Prime Minister Andy Burnham to approve the Jackdaw and Rosebank…
Norwegian oil and gas operator DNO reported record second-quarter 2026 revenue of USD 761 million on August 7—a 21% increase from the prior quarter. Operating profit…
ConocoPhillips announced Thursday that CFO Andy O’Brien will become its next CEO on September 1, replacing Ryan Lance, who steps down after 14 years to become…
80 Mile PLC has announced a delay to its planned drilling program at the Jameson Land Basin Project in East Greenland. The AIM, FSE, and OTC-listed…
Zenith Energy just picked up a 10 MWp photovoltaic development project in the Province of Foggia, Puglia—and with that, its total Italian solar pipeline hit approximately…
APA Corp. is getting more oil out of the Permian Basin without spending more to do it. On August 6, the Houston-based company raised its 2026…
U.S. natural gas production is on pace to shatter its own record. The Energy Information Administration’s August 2026 Short-Term Energy Outlook projects marketed output will average…
BP is putting its North Sea business up for sale. The British energy giant has launched a formal marketing process for the assets, and CEO Meg…
Growth is back in B2B energy retail, but it’s become glaringly apparent that ambition has outpaced infrastructure. Most retailers are pricing deals, winning them and then handing them over to operations with little…
Strathcona Resources Ltd. (TSX: SCR) announced July 8 that it hit first steam at its Meota Central thermal oil project in Saskatchewan on June 6, 2026—wrapping…
Gulf Keystone has temporarily shut down production at its Shaikan oil field in the Kurdistan Region of Iraq. The company cited a precautionary response to the…
Buccaneer Energy has more than doubled net production at its Pine Mills field in East Texas—from roughly 54 barrels of oil per day to approximately 135…
The Impact Assessment Agency of Canada formally launched the Regional Assessment of Oil and Gas Exploratory Drilling in the Canada-Nova Scotia Offshore Area on July 8,…
Petrobras just wrapped up its acquisition of Block 3, an offshore exploration area off the west coast of Africa in São Tomé and Príncipe. The deal—first…
A pay strike by Norway’s oil service workers has cost the country’s offshore sector an estimated 1.6 billion Norwegian kroner ($163.6 million), industry group Offshore Norway…
On July 8, 2026, Canada’s Impact Assessment Agency formally launched a regional assessment of oil and gas exploratory drilling in the Canada-Nova Scotia offshore area. The…
Marubeni just wrapped up the sale of its stake in Big Foot, a deepwater oil and gas asset in the U.S. Gulf of Mexico that Chevron…
One of the reasons why the United States has been successful in advancing its energy landscape is that it has more resources and wealth compared to…
Geoteric and SINTEF just announced they’re building a joint AI agent platform — one designed to finally connect two workflows that have spent decades ignoring each…
Gulf Keystone has restarted production and export operations at its Shaikan field in the Kurdistan Region of Iraq, the company announced on July 13, 2026. Gross…
Buccaneer Energy just reported that net production at its Pine Mills field in East Texas has hit around 135 bopd. That’s more than double the roughly…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for well 36/7-6 S in production license PL 636, under Section 13 of the Resource…
The U.S. Commodity Futures Trading Commission moved to block the Chicago Mercantile Exchange from launching its new 10-barrel WTI crude oil futures contract (ticker TCL) for…
Seven major OPEC+ producers—Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman—agreed on July 5, 2026, to cut their collective oil output by 188,000 barrels per…
Archer just locked in a five-year drilling contract with Argentine energy company YPF — worth around USD 90 million — to put a third super-spec rig…
Saudi Aramco on Monday published its August official selling price for Arab Light crude, setting the rate for Asian customers at $1.50 a barrel below the…
Woodside Energy has officially taken over operatorship of the Gippsland Basin Joint Venture and Kipper Unit Joint Venture from Esso Australia Resources—putting it in charge of…
Leona Chua started her ExxonMobil career in Singapore in 2000 as a process engineer. In February 2026, she arrived in Chambers County, Texas, as plant manager…
In recent years, the groundbreaking energy projects that were formerly reserved for fossil fuel developers are now being executed by clean energy companies. The entire world…
Brazil’s Petrobras and Mexico’s Pemex have signed a two-year, renewable memorandum of understanding to cooperate across hydrocarbon exploration, production, refining, petrochemicals, and carbon emissions reduction. The…
TotalEnergies has agreed to sell its 85% interest in Block 2E offshore Malaysia to Japanese energy company INPEX for $350 million. The stake represents an 8.5%…
Iraq’s Ministry of Oil announced on June 30, 2026, that the Artawi gas processing project in Basra has entered a critical implementation phase. The declaration followed…
Shell Offshore Inc. has agreed to sell its 50% non-operated working interest in the Na Kika deepwater platform and associated fields in the Gulf of Mexico,…
When companies decide to combine with each other while having a clear strategy, they are likely to achieve success. In the energy industry, collaborations not only…
Harbour Energy just kicked off gas production from its Dvalin North project in the Norwegian Sea—ahead of schedule and under its NOK 8 billion budget. The company…
Companies that operate primarily in the oil sector are facing a major challenge in the form of the clean energy transition that the majority of countries…
AIM-listed UK Oil & Gas (UKOG) just dropped its unaudited interim results for the six months ended March 31, 2026 — and they confirm what’s been…
Vår Energi has taken a final investment decision and submitted the Plan for Development and Operations (PDO) for the Ofelia and Gjøa Nord developments to Norway’s…
Block Energy has scheduled a 3D seismic acquisition program at the Martkopi Terrace prospect in eastern Georgia, with work set to begin in July 2026. The…
Australian gas company Denison has confirmed a major natural gas discovery at the Baffle Creek field in Queensland’s Bowen Basin, with an independently estimated resource of…
Vertex Energy, Inc. has announced plans to add 6,000 barrels per day of conventional Group III base oil production capacity at its Mobile, Alabama, refinery, with…
UK Prime Minister Keir Starmer resigned earlier this week, leaving the front-runner to succeed him, Andy Burnham, to potentially inherit one of British energy policy’s most…
Brazil’s Petrobras and Mexico’s Pemex have signed a memorandum of understanding to pursue strategic and technical cooperation across multiple energy sectors. The agreement, announced by the…
DOF Group has secured a major contract win in North America, with its subsea region awarded a Very Large contract for the Skandi Involver vessel. The…
SeaBird Exploration has been awarded an ocean bottom node source contract in West Africa, adding new work to its fleet schedule ahead of a key vessel…
