Refining, petrochemicals and fuels — the last stretch between the barrel and the customer.
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…
Ocean Installer has landed one of the largest contracts in its history — a fast-track EPCI deal worth more than NOK 2,000 million from Vår Energi…
Zephyr Energy has acquired an additional 27,000 acres in Utah’s Paradox Basin, roughly doubling its acreage footprint around the White Sands Unit and bringing its total…
Namibia’s Ministry of Industries, Mines, and Energy has formally approved the farm-out of the offshore PEL96 license from Tower Resources to Prime Global Energies. The approval,…
Petro Matad, the AIM-listed Mongolian oil company, has published audited full-year results for 2025, reporting a net loss after tax of $4.23 million—down from $10.92 million…
Trace is moving to expand its Northern Delaware Basin gas processing and pipeline system, the company has announced. The project calls for a new gas processing…
U.S. commercial crude oil inventories fell 6.1 million barrels to 412.1 million barrels for the week ending June 19, 2026 — landing 7% below the five-year…
Saipem has signed a binding agreement to sell its shallow-water drilling subsidiary in Saudi Arabia to ADES Saudi Limited Company for USD 285 million in cash.…
Georgina Energy has agreed to the terms of an Aboriginal Land Rights Agreement with the Central Land Council, clearing a critical regulatory hurdle toward the formal…
Jadestone Energy has brought the first well of its 2026 Malaysia infill drilling campaign online at approximately 3,000 barrels of oil per day, the AIM-listed, Asia-Pacific-focused…
Buccaneer Energy has completed a reserve valuation update tied to its credit facility with WAFD Bank, confirming an 18% increase in total net proved reserves and…
BP has formally launched a sale process for minority stakes in Kaskida and Tiber, its two largest Gulf of Mexico development projects, according to four people…
Venezuelan crude is already flowing into U.S. ports at close to 600,000 barrels per day — roughly half of the country’s total exports — and American…
Equinor and its Johan Sverdrup partners have announced plans for a fourth phase of development at Norway’s largest oil-producing field. The decision follows recently completed appraisal…
Cushing crude inventories have dropped to less than 25 million barrels as of early June—sitting less than 2 million barrels above the hub’s operational floor, according…
BP has formally launched a sale process for minority stakes in two of its largest deepwater Gulf of Mexico projects, Kaskida and Tiber, according to four…
Beetaloo Energy has completed all civil works at its Carpentaria Pilot Project site in Australia’s Beetaloo Basin, with installation of the Carpentaria Gas Plant now underway…
Phillips 66 is adding significant capacity to its Permian Basin midstream footprint with the Iron Mesa cryogenic gas processing plant, now under construction in Ector County,…
Fossil fuel infrastructure projects are taking over wind leases in the United States. Global energy consumption is rising rapidly, leaving several power grids under immense pressure.…
Natural gas output from the Permian region jumped 60% between 2021 and 2025, rising from 17.2 billion cubic feet per day to 27.6 Bcf/d, according to…
The Bureau of Land Management has issued its final decision approving the Dewey-Burdock uranium in-situ recovery project in Fall River County, South Dakota. The ruling, which…
Companies that are able to withstand different eras within the energy industry often enjoy greater benefits as they strengthen their overall reputation and name recognition. The…
The Bureau of Land Management’s Vernal Field Office has approved nine Applications for Permit to Drill at the Lestrange 24-1-722 Well Pad in Uintah County, Utah.…
The priority for many countries at the moment is expanding their clean energy portfolio and eliminating carbon emissions. However, countries are still aware of the benefits…
For the first time in decades, the federal government under President Donald Trump is moving to open California’s coastal waters to new oil and gas drilling.In…
Aker BP and DeepOcean have completed what they describe as Norway’s first fully shore-controlled advanced subsea operation — stabilizing a well at the Idun Nord field…
Crude oil inventories at Cushing, Oklahoma, have fallen below 25 million barrels—less than 2 million barrels above the storage hub’s operational floor, according to Wood Mackenzie.…
The Middle East region is commonly associated with oil production and its massive amount of capacity. Unbeknownst to many people, it is not a Middle Eastern…
TGS, a global provider of energy data and intelligence, has acquired Apparition Geoservices GmbH — securing exclusive access to a proprietary simultaneous source seismic acquisition and…
SLB OneSubsea has secured an engineering, procurement, and construction contract from bp to supply a subsea boosting system for the Thunder Horse deepwater project in the…
German energy company Uniper has signed a letter of interest with Canada’s Ksi Lisims LNG for a possible offtake agreement of 2 million tonnes of LNG…
A prehistoric monster has been uncovered during digging in an Indian brown coal mine. Environmentalists worldwide are concerned about the continued global reliance on fossil fuels.…
Egypt’s Prime Minister Mostafa Madbouly toured natural gas production facilities in the West Delta Deep Marine area of Beheira Governorate this week, accompanied by Petroleum Minister…
Although the overall aim of most countries is to increase clean energy production, this does not mean fully neglecting the production of fossil fuels. As such,…
Every year in the energy industry brings different lessons and creates an idea as to where the industry might be headed. With that information, companies are…
A North Sea oil well was supposed to produce for 20 to 30 years. It ran dry in two. Engineers had the seismic maps. The data…
SLB has announced that its OneSubsea joint venture has been awarded an engineering, procurement, and construction contract by bp to deliver a subsea boosting system for…
Carnarvon Energy has contracted the Transocean Equinox semi-submersible rig for an exploration drilling campaign in Australia’s Bedout Sub-basin, with operations set to begin from April 2027.…
Chevron Corp. filed a $13.8-billion unconventional oil development proposal on June 2, seeking entry into Argentina’s Large Investment Incentive Regime (RIGI) for its El Trapial-Este block…
Trillion Energy International has made a second US$250,000 cash payment toward its earn-in obligations on the M47c,d onshore oil block in southeastern Türkiye, bringing cumulative payments…
The U.S. EPA has proposed revising a 2014 Obama-era Federal Implementation Plan that would have forced the closure of PacifiCorp’s Dave Johnston Unit 3 coal-fired power…
The Bureau of Land Management’s Vernal Field Office has approved an Environmental Assessment authorizing four drilling permits for Anschutz Exploration Corporation to develop gas wells on…
Carnarvon Energy has contracted the Transocean Equinox semi-submersible drilling rig for a multi-well exploration campaign in Australia’s Bedout Sub-basin. The campaign, set to begin in April…
Scattered across the United States are the remnants of nearly 170 years of commercial drilling: hundreds of thousands of oil and gas wells that were drilled,…
The energy industry is unique in that countries and companies that collaborate toward the same cause are able to achieve more than if they were to…
One of the most important steps that a company needs to take if it wishes to gain more respect is expanding to many regions and gaining…
