Category: Oil

Syrian Petroleum Company Signs Gas Field Development Agreement with ConocoPhillips and Others

The Syrian Petroleum Company (SPC) signed an agreement on Tuesday with U.S. energy companies ConocoP...

2026-06-18

Construction of All Platforms Completed for Phase II of World's Largest Metamorphic Rock Oilfield

On June 16, with the successful loading of the final platform onto a vessel in the Binhai New Area o...

2026-06-17

Kent Wins Construction Management Contract from Cabinda Gulf Oil Company in Angola

Kent, a global integrated engineering and project delivery company, has been awarded a construction ...

2026-06-17

UK's Essar and IRH Reach $500 Million Crude Oil and Refined Products Financing Agreement

Essar Energy Transition Fuels has entered into a $500 million financing arrangement with IRH Global ...

2026-06-17

ExxonMobil Advances Barreleye-3 Drilling in Guyana

ExxonMobil Guyana is advancing new exploration drilling operations at the Barreleye-3 well in the St...

2026-06-17

Federal University of Rio de Janeiro Inaugurates Modern Expansion of Well Technology Center

The Ocean Engineering Department of the Federal University of Rio de Janeiro (Coppe/UFRJ) launched o...

2026-06-17

Norway's Aker BP and DeepOcean Complete Advanced Subsea Operation Remotely for the First Time

Aker BP and DeepOcean have successfully completed an advanced subsea operation for the first time vi...

2026-06-17

Canada's Journey Expands Duvernay Drilling, Spending Increases to C$100 Million

Journey Energy Inc. has announced the expansion of its 2026 capital plan, now expecting to participa...

2026-06-17

Two Oil Fields in U.S. Gulf of Mexico to Start Production in 2026

Beacon Offshore Energy LLC is simultaneously advancing two development projects in the deepwater Gul...

2026-06-17

Japan's MODEC Completes Life Extension and Refurbishment of FPSO Baobab Ivoirien, Oil Production Resumed

MODEC, a floating production solutions provider headquartered in Tokyo, Japan, announced on June 16 ...

2026-06-17

China's National Bureau of Statistics: Continuously Strengthening Monitoring of Imported Impact from International Energy Prices

At a press conference held today by the State Council Information Office, a spokesperson for the Nat...

2026-06-17

CNPC: Steadily Advancing the Layout and Development of Future Industries such as Controlled Nuclear Fusion

On June 15, 2026, the Party Leadership Group of China National Petroleum Corporation (CNPC) held a m...

2026-06-17

Sinopec Chairman Hou Qijun Attends the 7th Qingdao Summit of Multinational Corporations Leaders

On June 16, the 7th Qingdao Summit of Multinational Corporations Leaders, co-hosted by the Ministry ...

2026-06-17

Alabama Receives $87 Million for Deepwater Horizon Oil Spill Ecological Restoration

Alabama has received $87 million in federal funding for coastal ecological restoration projects in t...

2026-06-16

Norway's Ocean Installer Wins NOK 500 Million to 1 Billion Subsea Installation Contract for Brazilian Oilfield

Norwegian subsea engineering company Ocean Installer has secured its first contract in the Brazilian...

2026-06-16

Vaalco's Baobab Field in Côte d'Ivoire Resumes Production in Q2 2026

Vaalco Energy has resumed production at the Baobab field in Block CI-40 offshore Côte d'Ivoire, foll...

2026-06-16

AXP Energy Acquires 25% Interest in Syria's Block 9 Through Farm-in Agreement

Australian energy company AXP Energy has acquired a 25% participating interest in the Production Sha...

2026-06-16

BP and SOCAR Complete Multi-Lateral Well 30 Days Ahead of Schedule in Azerbaijan

BP and its partners have commenced non-associated gas production operations in the Azeri–Chirag–Guna...

2026-06-16

Vaalco Advances Drilling in Gabon and Egypt, New Gabon Well Produces 8,000 bbl/d Initially

Vaalco Energy Inc. will continue advancing its drilling operations in Gabon and Egypt after achievin...

2026-06-16

TGS Secures Towed Streamer Acquisition Contract in Africa and Middle East for September 2026

TGS has secured a towed streamer acquisition contract in Africa and the Middle East. A 3D Ramform ve...

2026-06-16

Barbados Announces Potential 13 Billion Barrels of Oil Offshore, Launches Block Exploration Negotiations

The government of Barbados recently announced that seismic surveys and technical assessments indicat...

2026-06-16

Occidental Petroleum Acquires 10% Interest in ExxonMobil's Trinidad Deepwater Block

Occidental Petroleum has acquired a 10% working interest in ExxonMobil's TTUD-1 exploration block of...

2026-06-16

Russian Polytechnic University Develops Continuous Drilling Platform for Inclined Wells, Saving 4-5 Days per Well

Perm National Research Polytechnic University (PNIPU) in Russia has developed a device for continuou...

2026-06-16

Expro Secures Two-Year Unconventional Well Testing Contract in UAE

Expro has signed a two-year contract with an operator in the UAE to provide well testing and flowbac...

2026-06-16

University of Campinas in Brazil to Build 4D Seismic Research Laboratory

The Center for Petroleum and Energy Research (Cepetro) at the University of Campinas (Unicamp) in Br...

2026-06-16

Norway's Equinor Considers Johan Sverdrup Phase 4

Equinor Energy AS is studying further development of resources in the Johan Sverdrup area in the Nor...

2026-06-16

China's State Taxation Administration: Full Promotion of "Instant Invoicing upon Transaction" for Refined Oil Retail from November 1, 2026

Dimension Net, June 11 - Learned from the State Taxation Administration that, based on previous pilo...

2026-06-15

UK North Sea Platform Advances Automation Upgrade 100 Kilometers Offshore

ABB has secured a contract from CNOOC Petroleum Europe to modernize the automation and control syste...

2026-06-15

Questerre Successfully Tests Commercial-Scale HCCO Technology in Brazil

Questerre Energy Corporation has successfully completed full-scale testing of its HCCO® oil shale te...

2026-06-15

Saudi Arabia and South Korea Sign Oil and Gas Cooperation Memorandum of Understanding

Saudi Energy Minister Prince Abdulaziz bin Salman met with South Korean Minister of Trade, Industry ...

2026-06-15
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