Rigs report: oil and gas discoveries at lowest levels in 75 years   According to the Norwegian energy analysts, total…

Chevron signs farm-out deal with Shell for block offshore Suriname   Oil majors Chevron and Shell have worked out a…

Oil companies’ profits soared to $174bn this year as US gas prices rose   The largest oil and gas companies…

Oil May Hit $380 Per Barrel   World oil prices could hit $380 per barrel in 2050. That’s according to…

Petrobras restarts production from Brazilian gas field following pipeline repairs   After the repairs were carried out on the export…

Maersk Drilling and Aker BP agree to renew frame agreement with five-year commitment for two jack-up rigs   Today, The…

Oceaneering and bp conduct first ROV remote piloting operation offshore West of Shetland Oceaneering International, Inc. has successfully conducted the…

Cenovus Energy to sell Tucker oil sands project for $625m   Cenovus Energy has agreed to divest its 100% owned…

China Set to Start 2022 with Subdued Oil Appetite   China, the world’s biggest buyer of crude, is set to…

Aker BP to move ahead with $370m Hanz oil and gas project in Norway   Aker BP and its partners…