Europe Taps Gas Storage at the Fastest Pace in Five Years
Europe is leaning more heavily on gas reserves this winter, with this month’s withdrawals running at the fastest pace in…
International
Mexican oil and gas update
Grupo Carso has taken another decisive step in the sector with the acquisition of Fieldwood México, a subsidiary of Russia-based…
International
SOCAR coming aboard Eni’s oil & gas project in West Africa
Italy’s energy giant Eni has sealed a deal to divest a partial stake in an oil and gas development project…
International
Global upstream M&A activity poised for a sluggish 2026 – Rystad Energy market update
Global upstream merger-and-acquisition (M&A) activity is expected to be lower in 2026 than in 2025, with nearly $152 billion-worth of…
International
Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration
Turkish Petroleum is in talks with Chevron to jointly explore oil and gas, Bloomberg News reported on Tuesday, citing a…
International
Egypt announces new crude oil well production in Gulf of Suez raising total output to 65,000 barrels daily
Al-Wasl-4 well at the North Safa is producing 2,250 barrels of oil and 1.3 million cubic feet of gas daily…
International
TotalEnergies Secures New Deal to Sell Niger Delta Stake
TotalEnergies SE has signed an agreement to divest its 10 percent interest in a Niger Delta joint venture previously operated…
International
Transocean rig winds down drilling gig with ConocoPhillips and goes to its next job
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has completed its drilling program in the Otway Basin…
International
Shell seeks exit from Syria’s al-Omar oilfield but US firms show interest, official says
The head of the Syrian Petroleum Company, Youssef Qeblawi, said on Monday that oil major Shell, opens new tab had…
International
GE to Acquire Lufkin Industries for $3.3 Billion
GE’s oil and gas unit has agreed to acquire Lufkin Industries for a total of $3.3 billion, the companies announced…
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