ABL Wins Contract for Esso Australia's 12-Platform Decommissioning Services
Energy and marine consultancy ABL has secured a service contract to support Esso Australia Resources...
Record Resources Aims to Boost Gabon Oil Field Output to 20,000 Barrels Per Day
Record Resources has made new progress in exploration of the Ngulu block in Gabon. Based on recent g...
Eni Obtains Exploration License for Offshore Block A1 in The Gambia
Eni has signed an agreement with the Government of The Gambia, jointly signed by the company and Gam...
Regal Petro Trading FZE Builds Over 90,000 Cubic Meter Oil Storage Terminal
Regal Petro Trading FZE has completed a large-scale petroleum product storage terminal with a total ...
U.S. and Iran Confirm Agreement, International Oil Prices Drop Significantly
As the United States and Iran confirmed an agreement and the Strait of Hormuz is expected to reopen ...
Trinidad and Tobago Approves Occidental's Acquisition of 10% Stake in ExxonMobil's Ultra-Deepwater Block
Occidental (Oxy) has received approval from the government of Trinidad and Tobago to join U.S. energ...
Algeria's Sonatrach Subsidiaries Sign Three Oil and Gas Cooperation Agreements with Niger
Several subsidiaries of Algeria's national oil company Sonatrach have signed memorandums of understa...
New Zealand's McFall Fuel Secures BP North Island Fuel Distribution Contract
Family-owned transport operator McFall Fuel has signed a major distribution contract with BP to supp...
Goldman Sachs cuts 2027 Brent oil price forecast to $80
Goldman Sachs has lowered its average Brent crude oil price forecast for 2027 to $80 per barrel, cit...
EIA expects Brent oil price at $95 in 2026, U.S. crude output to rise to 14.2 million b/d in 2027
The U.S. Energy Information Administration (EIA) forecast in its June Short-Term Energy Outlook that...
US and Iran Reach Memorandum of Understanding, Brent Crude Plunges to $88.74
U.S. President Donald Trump announced that a Memorandum of Understanding (MOU) has been reached with...
India's crude oil imports in April reached 20.08 million tons, up over 3% month-on-month
India's crude oil imports in April rose by more than 3% month-on-month to 20.08 million tons, accord...
Brazil's ANP Indefinitely Postpones Review of LPG Sales Rule Revisions
Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) has decided to indefinitely po...
Russia's May Seaborne Oil Product Exports Edge Down 0.2% Month-on-Month
Russia's seaborne oil product exports in May fell by 0.2% on a daily average basis compared to April...
Petrobras plans to sign a memorandum of understanding with Pemex in June
Petrobras plans to sign a memorandum of understanding with Pemex in June this year. Petrobras CEO Ma...
Norway's Aker BP increases stake in Johan Sverdrup field to 31.7163%, effective Q3 2026
Aker BP has completed a partner redetermination process for the Johan Sverdrup field, resulting in a...
Viridien and Aker BP Sign Five-Year OBN Seismic Cooperation Agreement in Norwegian Waters
Viridien (French geophysical company) and Aker BP (Norwegian oil company) have signed a five-year st...
Shell's Mars platform in the U.S. Gulf of Mexico surpasses 1 billion barrels in cumulative production
Shell's Mars platform in the U.S. Gulf of Mexico (also known as the American Gulf) has become the fi...
TGS to Deliver 27,000 km of 2D Seismic Data for Equatorial Guinea in 2026
Norwegian energy data and intelligence company TGS has signed an agreement with the Ministry of Hydr...
Zion Company Begins Sidetrack Drilling at MJ-02 Well in Israel
Zion Oil & Gas has officially commenced sidetrack drilling operations at the Megiddo-Jezreel 2 (MJ-0...
International oil prices fell sharply on the 11th
International crude oil futures prices fluctuated downward on the 11th, closing with significant dec...
Certas Energy invests £1.5 million to upgrade UK HGV fuel network
Certas Energy has announced a £1.5 million investment to upgrade its UK heavy goods vehicle (HGV) re...
Canada's Acceleware Receives CAD 2 Million Grant for Heavy Oil Technology Deployment in 2026
Canadian cleantech company Acceleware Ltd. announced that it has secured up to CAD 2 million in non-...
Transneft – Western Siberia Patents Method for Diagnosing Valve Clamp Assemblies
Transneft – Western Siberia has developed and patented a new method for diagnosing valve clamp assem...
ABB to Upgrade Automation System at UK Buzzard Offshore Platform
ABB has announced a modernization upgrade of the automation system at the Buzzard offshore platform,...
Canadian Poll: 61% of Albertans Oppose Government Subsidies for New Pipelines
A recent poll released by the Pembina Institute shows that 60% of Albertans oppose using taxpayer fu...
India's BPCL reports 4.29% rise in May gasoline sales, diesel up 6.72%
Bharat Petroleum Corporation Limited (BPCL) delivered a strong operational performance in May 2026, ...
India's Nayara Energy Completes Vadinar Refinery Turnaround
Nayara Energy has completed the planned turnaround of its Vadinar Refinery and resumed operations. T...
Shearwater Wins ExxonMobil Guyana Seismic Project
Shearwater has been awarded a distributed acoustic sensing (DAS) seismic project by ExxonMobil for t...
Indonesia's Bass Oil Spuds Bunian 6 Well, Expected Daily Output of 500 Barrels
Recently, Bass Oil officially spudded the Bunian 6 development well at the Tangai-Sukananti KSO oil ...