International5 months agoUS oil output set for first annual drop since pandemicBlow to Donald Trump’s ‘energy dominance’ goal as EIA predicts production decline in 2026 US oil production will fall next…
International5 months agoBP expands oil and gas interests in Azerbaijan with new dealsBP and its partners have sanctioned a new phase of development for the Shah Deniz gas field and gained access…
International5 months agoPetrobras targets Africa for oil exploration region outside BrazilPetrobras has recently shown interest in acquiring stakes in oil assets abroad, particularly in Africa. Petrobras, the Brazilian state-run oil…
International5 months agoKosmos and Tullow Oil secure 15-year extension to Ghana joint ventureKosmos Energy Ltd and Tullow Oil PLC on Wednesday reported the extension of their exploration prospects in Ghana until 2040.…
International5 months agoGlobal oil investments expected to drop 6% this year, says IEAGlobal oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the…
International5 months agoRussia’s oil, gas revenues down 35% in MayThe Russian Finance Ministry reported Wednesday that oil and natural gas revenues fell 35.4% in May, compared to the same…
International5 months agoEquinor exercises $100m option for Transocean semisubNorwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built…
International5 months agoTotalEnergies and Shell swap stakes in two oil & gas assets offshore BrazilTotalEnergies EP Brasil, a subsidiary of France’s energy giant TotalEnergies, has set the wheels in motion to transfer its non-operated…
International5 months agoLocal firms drive new growth phase in Nigeria’s oil sectorNigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a…
International5 months agoBP Inks Oil, Gas, Renewables Deals in AzerbaijanBP has signed a series of deals in Azerbaijan covering oil, gas and renewables that will deepen its ties to…