International4 days agoCNOOC announces large-scale oil discovery in Bohai SeaEarly tests indicate that the proved in-place volume of Qinhuangdao 29-6 field exceeds 100 million tons of oil equivalent. CNOOC…
International7 days agoPetronas Drills First of Four Wells in Block Offshore SurinamePetronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its…
International7 days agoJohan Castberg, Balder Production to Take Hit from ‘Operational’ IssuesNorwegian continental shelf producer Vår Energi ASA has narrowed its output forecast for 2025 due to “operational challenges” at the…
International2 weeks agoHeirs Energies lands $750m Afreximbank funding to double oil, gas productionHeirs Energies has clinched a $750 million funding package from the African Export-Import Bank (Afreximbank) to aggressively expand its oil…
International2 weeks agoBritain Exempts Zohr Field From Russia SantionsEgypt’s Zohr gas field, where Russia’s Rosneft holds a 30% stake, and bp owns 10%, was added to a list…
International2 weeks agoThe year in oil and gas: 2025 review and 2026 outlookAs 2025 draws to a close, the leaders have been separated from the laggards, and the oil and gas trends…
International2 weeks agoADNOC Finalizes Up to $11 Billion Financing Deal for Hail and Ghasha Gas ProjectAbu Dhabi National Oil Company (ADNOC) has signed a landmark structured financing transaction of up to $11 billion to monetize…
International3 weeks agoHungary’s MOL takes operating role at Azeri oil and gas projectMOL Group and Azerbaijan’s Socar sign binding joint venture agreement Hungary’s MOL Group has finalised a deal to become a…
International3 weeks agoTotalEnergies CEO Expects Oil Price Improvement in 2026Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a…
International3 weeks agoBW Energy signs $274 million lease of production unit destined for BrazilDeal with Chinese group covers mobile offshore production unit for Maromba project Oslo-listed independent BW Energy has converted what was…
