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International
europe-burns-through-gas-reserves-this-month
International

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…
Mexican oil and gas update
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…
FPSO Petrojarl Kong working at the Baleine development; Source Eni
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…
Rystad Energy
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…
Offshore-oil-and-gas
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…
egypt-oil-and-gas
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…
Totalenergies
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…
Transocean-Equinox
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…
A drone view shows the site of Al-Omar oil field after it came under the control of the Syrian government following the withdrawal of the U.S.-backed Syrian Democratic Forces (SDF), in Deir al-Zor, Syria, January 19, 2026. REUTERS Khalil Ashawi
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…
Lufkin
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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