Peruvian Government Allocates Over 44 Million Soles in Subsidies for Lima and Callao Transport Sector
The Peruvian government, through Emergency Decree No. 006-2026, has provided temporary subsidies to ...
U.S. Gasoline Breaks $4/Gallon, Hyundai Hybrid Sales Surge 90%
The national average price of regular gasoline in the U.S. has reached $4.29 per gallon, up nearly $...
Wedgemount Texas Project Exceeds Expectations with 125 Barrels Per Day in June
Wedgemount Resources Corp. (CSE: WDGY) (FSE: 8H5) has made progress in its production optimization p...
Dolphin Drilling Secures $239 Million UK Continental Shelf Contract, Set to Start in 2027
Norwegian drilling contractor Dolphin Drilling has signed a contract with an undisclosed oil and gas...
Canada's Enercapita Sells Boundary Lake North Oil and Gas Interests, Bids Due July 2
Canadian oil and gas company Enercapita Energy Ltd. has engaged Sayer Energy Advisors to assist in t...
Serica Energy Tenders Drilling Rig, Plans to Start Drilling in 2027
Serica Energy is tendering a drilling rig for a multi-well infill and tieback drilling program acros...
Iberia Suspends Madrid-Havana Route Until October 24
Iberia has suspended operations on its Madrid-Havana route since June 1, with the suspension lasting...
MODEC Guyana Tenders Hammerhead FPSO Mooring Connection Services
MODEC Guyana is seeking contractors for the mooring connection services of the Floating Production S...
Newfoundland and Labrador Invests 30 Million Canadian Dollars in Offshore Exploration Bidding
As oil production rises in Newfoundland and Labrador, the government has announced a bidding round f...
ExxonMobil Reduces Titanium Part Costs by 42% and Lead Time by 58.8 Hours Using Meltio Technology
ExxonMobil has adopted Meltio's Laser Metal Deposition (LMD) technology to manufacture critical tita...
ExxonMobil Reduces Titanium Part Costs by 42% and Lead Time by 58.8 Hours Using Meltio
ExxonMobil has adopted Meltio's laser metal deposition (LMD) technology to manufacture critical tita...
U.S. Sentinel Midstream Begins Construction of Texas GulfLink Deepwater Crude Oil Terminal
Dallas-based Sentinel Midstream announced last month that it has commenced construction of the Texas...
US and Azerbaijan Sign Over $8 Billion in Energy Agreements
The United States and Azerbaijan signed commercial agreements worth over $8 billion in Baku, with U....
Brazil's April 2026 Oil and Gas Daily Output Reaches Record 5.64 Million Barrels of Oil Equivalent
Brazil set a new record for oil and natural gas production in April 2026, reaching a daily output of...
Shell's Entire US Gulf of Mexico Production Assets Receive MiQ's Highest Level Methane Certification
Shell announced that all 10 of its offshore production assets in the US Gulf of Mexico have received...
Santos Leases Transocean Rig for Bedout Drilling in Australia
Santos has leased the Transocean Equinox semi-submersible drilling rig from Transocean for a multi-w...
ADNOC resumes naphtha exports via Oman's Sohar Port
Asian naphtha prices have plunged to their lowest levels since early March. Abu Dhabi National Oil C...
Ecuador's Esmeraldas Refinery Resumes Operations, Saving $100 Million Monthly
Ecuador's state-owned oil company EP Petroecuador initiated the restart of the Esmeraldas Refinery's...
BP to Sell North Sea Assets to Ithaca Energy for $2.69 Billion
BP has held "advanced talks" to sell its UK North Sea assets to Ithaca Energy for $2.69 billion (app...
Chevron applies for $13.8 billion oil project investment in Argentina
U.S. oil company Chevron announced on Tuesday that it has submitted an application to Argentina's "L...
Parex Completes Acquisition of Frontera's Colombian Assets, Adding 37,000 Barrels Per Day
Parex Resources has completed the acquisition of Frontera Energy's exploration and production assets...
South Africa's Department of Petroleum reduces diesel prices by 2.61 to 3.24 rand per liter from Wednesday
The Department of Petroleum and Mineral Resources announced that, effective from Wednesday, diesel p...
Green Fuels Operating Breaks Ground on $400 Million Refinery Project in Oklahoma
Green Fuels Operating held a groundbreaking ceremony for its planned $400 million refinery project i...
Perúpetro Promotes Exploration in the Tumbes-Progreso Basin with a 30% Success Rate
Perúpetro is advancing oil and gas exploration in the Tumbes-Progreso Basin through a Technical Eval...
CNPC Chairman Dai Houliang Meets with Nanjing University Party Secretary Tan Tieniu
On June 1, Dai Houliang, an academician of the Chinese Academy of Engineering and Chairman and Party...
TDW Promotes Dual Independent Isolation Pipeline Tool SHiiELD in Australia
T.D. Williamson (TDW) has launched a new generation pipeline isolation tool, the TDW SHiiELD, built ...
Invictus Subsidiary Signs Oil Production Sharing Agreement with Zimbabwe
Geo Associates (Pvt) Ltd, 80% owned by Invictus Energy Ltd, has officially signed a Petroleum Produc...
SLB Acquires US-Based Tachyus to Expand Reservoir Management Tools
SLB has reached an agreement to acquire Tachyus, a reservoir modeling and optimization software deve...
Khurais Oil Field Evaluates Drone Systems to Enhance Inspection Safety and Efficiency
An evaluation study on the integration of Unmanned Aircraft Systems (UAS) at the Khurais oil field i...
Weatherford International Acquires NCS Multistage for $126 Million
Weatherford International has agreed to acquire energy technology company NCS Multistage Holdings in...