Category: Oil

Canada's Pembina Signs Letter of Intent to Participate in 1 Million Barrel/Day Pipeline Project

Pembina Pipeline Corporation has signed a non-binding letter of intent with the Government of Canada...

2026-07-04

UK and Mexico Sign Memorandum of Understanding on Climate Change and Energy Technology Cooperation

The UK and Mexico have signed a Memorandum of Understanding (MoU) on climate change and energy techn...

2026-07-04

Canada Plans 2027 Start of Million-Barrel Daily Pipeline to Supply Asian Markets

The Canadian government has announced plans to build an oil pipeline to the Pacific coast with a tar...

2026-07-04

TotalEnergies to Supply Millions of Barrels of Iraqi Crude to China, South Korea, and Taiwan Starting This Month

TotalEnergies is planning to offer millions of barrels of Iraqi Basra Medium and Basra Heavy crude o...

2026-07-04

Uganda-Tanzania $5.6 Billion Crude Oil Pipeline Expected to Be Completed in 2026

During a site inspection of the East African Crude Oil Pipeline at the end of June, Tanzanian Energy...

2026-07-04

Petrobras Launches BRL 300 Million Pre-Salt Technology Center

Petrobrás has officially inaugurated the Brazilian Pre-Salt Technology Center (CTPB) at the Federal ...

2026-07-04

Record-Breaking Drop This Year! China's Oil Prices Cut Tonight, Saving 37.5 Yuan per Tank

Starting from 24:00 on July 3, 2026, China's refined oil prices will undergo a new adjustment, with ...

2026-07-03

Norway's DOF Group Secures TotalEnergies FSO Replacement Contract Worth Up to $100 Million

DOF Group has secured a contract from TotalEnergies for subsea installation, mooring, and floating s...

2026-07-03

SLB Wins Seven-Year Contract with Kuwait Oil Company to Build Ahmadi Innovation Valley

SLB has secured a seven-year contract from Kuwait Oil Company (KOC) to support applied research, tec...

2026-07-03

Afentra-led consortium signs Angola KON 4 block services contract

A consortium led by Afentra has signed a risk service contract for Angola's KON 4 block, the compani...

2026-07-03

Kazakhstan's KMG and Eni Discuss Oil Field Development and Progress of 247 MW Hybrid Power Plant

Ashat Khasenov, Chairman of the Management Board of KMG (Kazakhstan's national oil and gas company),...

2026-07-03

Galilee Energy Spuds Zydeco-1 Well in Louisiana

Galilee Energy has officially spudded the Zydeco-1 well in Acadia Parish, Louisiana, marking the com...

2026-07-03

Rhino Resources Confirms 46-Meter Oil-Bearing Reservoir in Namibia Well

Rhino Resources has confirmed a connected oil-bearing reservoir at the Capricornus discovery offshor...

2026-07-03

U.S. energy companies increase rigs to 580 for third consecutive week

Energy services firm Baker Hughes reported on Thursday that U.S. energy companies increased the numb...

2026-07-03

Personnel Adjustment at PetroChina Southwest Oil and Gas Field

Recently, the leadership team of PetroChina Southwest Oil and Gas Field Company has undergone adjust...

2026-07-03

Brazil's BRAVA Energia inaugurates Potiguar onshore operations center

Brazilian oil and gas company BRAVA Energia officially inaugurated the Potiguar Operational Area In...

2026-07-03

Brazil's ABPIP Develops AI Platform to Drive Oil and Gas Industry Modernization

The Brazilian Association of Independent Oil and Gas Producers (ABPIP) has developed an artificial i...

2026-07-03

TotalEnergies Transfers 85% Stake in Malaysia Offshore Block 2E to INPEX

French energy group TotalEnergies confirmed on July 2 that it has reached an agreement with Japan's ...

2026-07-02

BP Starts 4 Tcf Non-Associated Gas Production in Azerbaijan

Saipem has chartered Solstad Maritime's Normand Navigator to commence operations for the GranMorgu o...

2026-07-02

Libya's OLA Energy Acquires TotalEnergies' Assets in Ethiopia

Libya's OLA Energy Holdings has signed an agreement to acquire all of TotalEnergies' assets in Ethio...

2026-07-02

Canada's South Bow and U.S. Bridger Plan New Crude Oil Pipeline from Wyoming to Cushing

Canada's South Bow and U.S. Bridger Pipeline announced Tuesday plans to jointly build a new crude oi...

2026-07-02

SLB Edge Computing Platform Achieves 6%-25% Production Increase in Ecuador and US Oil Fields

Four field deployment cases in different basins using different artificial lift methods demonstrate ...

2026-07-02

20,000 psi High-Pressure High-Temperature Systems Deployed in Gulf of Mexico Oil and Gas Industry

High-pressure high-temperature technology has matured, driving the development of more deepwater oil...

2026-07-02

Vietnam's PV Drilling Deploys NOV Automation Platform on Three Rigs

Vietnam Petroleum Drilling Corporation (Petrovietnam Drilling, PV Drilling) has begun rolling out Na...

2026-07-02

Belgium's SIRRIS Leads Second Phase of CUI Testing Project Set to Launch

The joint industrial project led by SIRRIS, a Belgian non-profit technology research and innovation ...

2026-07-02

Tenaris Opens Service Center in Suriname to Support GranMorgu Project

Steel pipe supplier Tenaris has commenced operations at its newly opened service center in Suriname,...

2026-07-02

China's Refined Oil Retail Prices to Adjust Again on July 3

The price of light crude oil futures for August delivery on the New York Mercantile Exchange fell to...

2026-07-02

Transocean Secures Over $1 Billion Drilling Rig Lease with Equinor

July 1 - Transocean, a Swiss-based offshore drilling contractor, has secured assignments for three o...

2026-07-02

Vallourec Wins 26,000-Ton Line Pipe Contract for Angola Deepwater Project, Delivery in 2027

French pipe manufacturer Vallourec has been awarded a contract by Azule Energy for the Greater PAJ o...

2026-07-01

DOF Secures Three-Year Subsea Contract for Guyana's Stabroek Block, Commencing Q3 2026

DOF Group ASA has secured a three-year contract to support subsea operations for the vessel Skandi I...

2026-07-01
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