Oil

Iraq and the United States Reach Understanding on Crude Oil Exports Through the Strait of Hormuz

Iraq and the United States Reach Understanding on Crude Oil Exports Through the Strait of Hormuz

On November 8, Iraqi Foreign Minister Fuad Hussein said in an interview with Al Jazeera that Iraq an...

2026-11-09
Cardinal Energy's 2 Water Injection Wells in the Clearwater Oilfield in Canada Put into Operation

Cardinal Energy's 2 Water Injection Wells in the Clearwater Oilfield in Canada Put into Operation

On November 5, Canadian oil and gas producer Cardinal Energy announced the latest progress in waterf...

2026-11-08
Canada's Parex Advances Crude Oil Production Growth in Colombia's LLA-111 Block

Canada's Parex Advances Crude Oil Production Growth in Colombia's LLA-111 Block

On November 6, Canadian oil and gas company Parex Resources updated the development progress of the ...

2026-11-08
Brazil Extends 12% Crude Oil Export Tax to End of 2026

Brazil Extends 12% Crude Oil Export Tax to End of 2026

On November 5, the Executive Management Committee of Brazil's Chamber of Foreign Trade (Gecex-Camex)...

2026-11-08
Cardinal Energy's Reford 2 Oilfield in Canada: 6 Well Pairs Enter Intermediate Hole Section Drilling

Cardinal Energy's Reford 2 Oilfield in Canada: 6 Well Pairs Enter Intermediate Hole Section Drilling

On November 5, Cardinal Energy of Canada announced the latest construction progress of the Reford 2 ...

2026-11-08
India's ONGC Plans to Take Over Operations of Two Venezuelan Oilfields Within Six Months

India's ONGC Plans to Take Over Operations of Two Venezuelan Oilfields Within Six Months

On November 6, Anupam Agarwal, Chief Financial Officer of India's Oil and Natural Gas Corporation (O...

2026-11-08
Noble BlackRhino Ultra-Deepwater Drillship Arrives at Nigeria's Akpo Field, Drilling Scheduled to Commence on November 13

Noble BlackRhino Ultra-Deepwater Drillship Arrives at Nigeria's Akpo Field, Drilling Scheduled to Commence on November 13

On November 3, a new round of drilling equipment deployment milestones was reached at the Akpo deepw...

2026-11-07
U.S. Active Oil and Gas Rigs Rise to 604, Highest Since May 2024

U.S. Active Oil and Gas Rigs Rise to 604, Highest Since May 2024

On November 6, U.S. oilfield services company Baker Hughes released its latest rig count report. As ...

2026-11-07
Petrobras Extends Skandi Olinda Pipelay Vessel Contract by 304 Days

Petrobras Extends Skandi Olinda Pipelay Vessel Contract by 304 Days

On November 5, the Norwegian offshore engineering services company DOF Group completed contract exte...

2026-11-06
Petrobras Awards RINA €11 Million Subsea Engineering Services Contract

Petrobras Awards RINA €11 Million Subsea Engineering Services Contract

On November 5, Italian engineering consulting and certification firm RINA signed a three-year subsea...

2026-11-06
Aker Solutions Awarded Letter of Intent Worth Up to NOK 1.5 Billion for Maydan Mahzam Field Modification Project in Qatar

Aker Solutions Awarded Letter of Intent Worth Up to NOK 1.5 Billion for Maydan Mahzam Field Modification Project in Qatar

On November 5, Norwegian energy engineering company Aker Solutions received a letter of intent for a...

2026-11-06
JPMorgan of the United States estimates a global oil supply surplus of 1.4 million barrels per day in October

JPMorgan of the United States estimates a global oil supply surplus of 1.4 million barrels per day in October

On November 4, JPMorgan of the United States released its global oil market supply and demand estima...

2026-11-06
Paramount Resources of Canada Accelerates Expansion of Duvernay Oil and Gas Processing Facilities

Paramount Resources of Canada Accelerates Expansion of Duvernay Oil and Gas Processing Facilities

On November 5, Canadian oil and gas producer Paramount Resources approved the early implementation o...

2026-11-06
Over 75% of Production Modules for ConocoPhillips' Willow Oilfield in the US Completed

Over 75% of Production Modules for ConocoPhillips' Willow Oilfield in the US Completed

On November 5, ConocoPhillips provided an update on the latest progress of the Willow oilfield devel...

2026-11-06
Aker BP Awards Subsea Production Equipment Contract to OneSubsea

Aker BP Awards Subsea Production Equipment Contract to OneSubsea

On November 5, Norwegian oil and gas company Aker BP awarded a contract to OneSubsea, a joint ventur...

2026-11-06
U.S. Upstream Oil and Gas M&A Transaction Value Reaches $12.6 Billion in Q3

U.S. Upstream Oil and Gas M&A Transaction Value Reaches $12.6 Billion in Q3

On November 5, Enverus Intelligence Research, the research division of U.S. energy data analytics fi...

2026-11-06
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