First oil still on track as BP spuds production well from brand-new platform off Azerbaijan   UK-headquartered energy giant BP…

Vår Energi preparing to spud wildcat with Transocean rig   Norwegian oil and gas player Vår Energi has secured a…

Venezuela Orders “Immediate” Start of Oil Exploration in Disputed Territory   Venezuela’s president, Nicolas Maduro, has ordered the immediate start…

MODEC hires Seatrium for Brazil-bound FPSO topside modules fabrication project   BrasFELS Shipyard (BrasFELS), a member of the Singapore-headquartered Seatrium…

OKEA Postpones Close of Statfjord Acquisition from Equinor   The closing of OKEA’s acquisition of a 28 percent working interest…

INEOS completes the acquisition of the Eastman Texas City Site   The deal includes the 600kt Acetic Acid plant and…

Brazil invited to join OPEC+ from next year   Major oil producer Brazil has been invited to join OPEC+ from…

Occidental in Talks to Buy Permian Driller   Occidental Petroleum is in talks for the potential acquisition of fellow oil…

Councils pilot net zero projects with £19 million government backing   Local Net Zero Accelerator pilots will help combined authorities…

ADX Energy set to drill Welchau gas prospect in Austria   ADX Energy has secured environmental clearance to drill the…