Category: Oil

Nigeria's Dangote Refinery Reduces Petrol Ex-Factory Price to 1,125 Naira per Liter

Dangote Petroleum Refinery has announced a reduction of 50 naira per liter in its ex-factory price o...

2026-06-28

US BOEM Releases Final Environmental Impact Statement for Enhanced Production from 16 Wells at Gilda Platform, California

The U.S. Bureau of Ocean Energy Management (BOEM) today released a final environmental impact statem...

2026-06-28

ADNOC Drilling Delivers First AI Walking Island Rig Ahead of Schedule

ADNOC Drilling has delivered the first AI walking island rig, AD-300, ahead of schedule. Standing 50...

2026-06-28

Norway's Archer in Talks for Multi-Year Well Abandonment and Plugging Contract

Archer, an oil service company listed on the Oslo Stock Exchange, is in negotiations with an unnamed...

2026-06-28

NorTrans Accommodation Vessel Secures Two-Year Contract for Block 15 Operations in Angola

NorTrans Offshore's DP3 dynamic positioning system-equipped 500-bed mobile support unit (MSU) accomm...

2026-06-28

Two oil fields of Mangystau Oil and Gas Company in Kazakhstan account for 90% of recoverable reserves

The main production and development operations of Mangystau Oil and Gas Company are concentrated in ...

2026-06-28

Zephyr Energy adds 27,000 acres in the U.S. Paradox Basin

Zephyr Energy plc has added 27,000 acres to its Paradox project in the Paradox Basin, Utah, USA. The...

2026-06-28

Aker Solutions Secures Five-Year White Rose Field Service Contract from Cenovus Energy in Canada

Aker Solutions ASA has secured a five-year agreement with Cenovus Energy Inc. to provide engineering...

2026-06-28

Brazil's DORIS Perenco Advances $250 Million Revitalization Electrification of Cherne Platforms

French engineering, consulting, and project management company DORIS is collaborating with Perenco's...

2026-06-28

Jura Energy Commences Drilling at Maru Lease in Pakistan

Jura Energy Corporation has commenced drilling operations for the Maru-3 development well at the Mar...

2026-06-28

Canada's Alberta Province Exported 5.2 Million Barrels of LPG by Rail to the U.S. in May

The Edmonton production hub in Canada's Alberta province saw exceptionally high volumes of liquefied...

2026-06-27

U.S. Magnolia Oil & Gas Leads WildFire Bid with Over $4 Billion

Magnolia Oil & Gas Corp. has emerged as the leading bidder to acquire privately held WildFire Energy...

2026-06-27

American Petroleum Institute Recommends Upgrading Strategic Petroleum Reserve, Release Rate Only 1.4 Million Barrels Per Day

The American Petroleum Institute (API) this week released a roadmap called the American Energy Secur...

2026-06-27

Brazil's ANP Delays Approval of Gato do Mato Field Development Plan

Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) has postponed approval of the ...

2026-06-27

Brazilian government to collect R$127 billion from oil and gas chain taxes

The Brazilian federal government will collect R$127 billion from taxes on the oil and natural gas pr...

2026-06-27

Danish Maersk Drilling and US Noble Merge to Become World's Third Largest

Maersk Drilling and Noble Drilling have completed their merger, with the new company retaining the N...

2026-06-27

ExxonMobil, Saudi Aramco, and Samref Plan to Upgrade and Study Expansion of Yanbu Refinery in Saudi Arabia

ExxonMobil, Saudi Aramco, and Samref have signed agreements to undertake a major upgrade of the Samr...

2026-06-27

Petrobras Regains Full Ownership of Two Oil Fields for $450 Million

Petrobras has announced that it has signed a contract with Petronas Petróleo Brasil Ltda to acquire ...

2026-06-27

Saudi Aramco Exits Malaysian Refinery Project, Petronas Fully Acquires PRefChem

Saudi Aramco has transferred its entire stake in the Pengerang Refining and Petrochemical joint vent...

2026-06-27

Tanzania LNG Project Invests $42 Billion, Aiming for Production by 2030

Tanzania's oil and gas industry is uniformly regulated by the Ministry of Energy, with the Energy an...

2026-06-27

Brazil's Oil Production to Peak at 5.3 Million Barrels per Day in 2030, Developing New Basins Becomes Strategic Necessity

Brazil's oil production is expected to peak in 2030, followed by a decline phase. Developing new exp...

2026-06-27

TotalEnergies and Petronas Launch $100-200 Million Deepwater Exploration in Papua New Guinea

French energy giant TotalEnergies and Malaysia's Petronas have launched a multi-million dollar deepw...

2026-06-27

Kazakhstan's Tengiz Oil Field Daily Output Exceeds 1 Million Barrels

Nalabayev recently conducted an aerial inspection of the Kashagan oil field and received a progress ...

2026-06-27

Gazprom plans to put the Belogorsk-Khabarovsk gas pipeline into operation in 2026

The Almetyevsk City Court of Tatarstan sentenced Igor Kolomoisky in absentia to 12 years in prison f...

2026-06-27

Baker Hughes to Supply Subsea Production Systems for Angola’s Ultra-Deepwater Project

On June 25, Baker Hughes signed a contract with Azule Energy to provide subsea production systems fo...

2026-06-26

Norwegian offshore installer to recover 1,000 tonnes of subsea facilities for TotalEnergies in 2027

Norwegian offshore construction and operations company Ocean Installer (part of the Moreld Group) ha...

2026-06-26

Baker Hughes and Equinor Extend Oil and Gas Production Contracts in the Norwegian North Sea

Energy technology company Baker Hughes has announced two multi-year contract extensions with Equinor...

2026-06-26

Baker Hughes Extends and Expands Petrobras Integrated Well Construction Contract

Energy technology company Baker Hughes announced a major contract extension with Petrobras to provid...

2026-06-26

Yinson Production Holds Naming Ceremony for FSO Vessel for Vietnam's Lac Da Vang Oil Field

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Y...

2026-06-26

Repsol Signs Oilfield Agreement in Venezuela, Aiming to Increase Daily Output to 135,000 Barrels

Spanish company Repsol has signed a new framework agreement with Venezuela's state-owned oil company...

2026-06-26
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