Egypt awards eight oil and exploration blocks to BP, Eni, and others after first digital oil auction   Egypt awarded…

Petrobras planning two FPSOs for deepwater Sergipe oilfields   Petrobras has submitted declarations of commerciality to Brazil’s National Agency of…

Venezuela Surprises Oil Markets With Large Production Increase   Despite decades of mismanagement, malfeasance and corruption, strict U.S. sanctions and…

CNOOC Limited Announces 2 New Projects Commenced Production   CNOOC Limited announced today that Caofeidian 11-6 oilfield expansion project and…

How Venezuela pulled its oil production out of a tailspin   Venezuela this year almost doubled its oil production from…

The Biggest Oil and Gas Discoveries Made in Africa in 2021   As the lifeblood of industrialized nations, oil and…

Petrobras to sell 11 onshore concessions in Brazil to Carmo Energy for $1.1bn   Brazilian state-run company Petrobras has signed…

Valaris rig finally en route to drill for Carnarvon   Australia’s Carnarvon Energy has informed that the Valaris JU-107 jack-up…

Maersk agrees $3.6 bln deal to buy LF Logistics   Container shipping giant Maersk on Wednesday agreed to buy Hong…

ExxonMobil, Qatar Petroleum begin drilling in Cyprus’ block 10   ExxonMobil and partner Qatar Petroleum on Tuesday began drilling in…