Colombia's Ecopetrol Wins Approximately 25% Stake in Brava Energy
On August 5, Colombia's state-owned oil company Ecopetrol announced that its Brazilian subsidiary, E...
Three Blocks in Piura, Peru, Produce Over 15,000 Barrels of Crude Oil Daily, Consolidating Its Strategic Energy Position
According to Perupetro statistics, the highest-producing oil blocks in Peru in May 2026 were concent...
Brazil's Cetrel Launches Integrated Onshore Oil & Gas Emergency and Environmental Management Solutions
Cetrel is integrating its portfolio of water and wastewater management, circular economy, environmen...
Gazprom Neft Lifts Fuel Purchase Restrictions in 13 Regions
Gazprom Neft has lifted fuel purchase restrictions at its gas stations in 13 Russian regions. The c...
Goldman Sachs: Brent Crude at $80-90 Until US-Iran Deal or Escalation
Goldman Sachs said on Tuesday it expects Brent crude prices to trade in a range of $80 to $90 per ba...
Brazil's Firjan: 250,000 Tons of FPSO Module Manufacturing and Integration Poised to Return
Karine Fragoso, General Manager of Oil, Gas, Energy, and Shipbuilding at the Federation of Industrie...
Peru's Ministry of Energy and Mines Promotes Strengthening Fuel Supply and Electricity Access in Loreto
Peru's Minister of Energy and Mines (MINEM), Guillermo Shinno, held a working meeting with congressm...
Russian Refineries' Daily Processing Volume Drops to 3.6 Million Barrels in July, Lowest in Over 20 Years
Russia's oil refining volumes fell to their lowest level in over two decades in July. According to a...
Optimism Over US-Iran Talks Sends International Oil Prices Down Over 5% on the 4th
Driven by optimistic expectations that the United States and Iran may soon reach an agreement regard...
Iran Threat Escalates, Oil Tanker Traffic Through Strait of Hormuz Falls to Two-Month Low
Ship traffic through the Strait of Hormuz remains at its lowest level in more than two months, as a ...
U.S. Expected to Extend Jones Act Waiver by Aug. 16 to Lower Gas Prices
The White House is expected to extend the waiver of the century-old Jones Act in the coming days, on...
Guyana Uaru Project FPSO Expected to Arrive August 20, Daily Output to Exceed One Million Barrels
The floating production, storage and offloading unit (FPSO) Errea Wittu, built by Japan's Modec for ...
ExxonMobil Selects Sercel Technology to Support $12.7 Billion Offshore Project in Guyana
ExxonMobil has selected Sercel, the sensing and monitoring business unit of Viridien, to provide a s...
Saudi Aramco's Second-Quarter Net Profit Reaches $33.385 Billion, Up 33% Year-on-Year
Saudi Aramco reported on Tuesday that its adjusted net profit for the second quarter reached $33.385...
Essar to Invest £4.3 Billion in UK Low-Carbon Projects by 2035
Essar Group has announced plans to invest £4.3 billion ($5.79 billion) to advance low-carbon energy ...
Saudi Aramco Expects Global Oil Demand to Increase by 2 Million Barrels Per Day in H2 2026
Saudi Aramco CEO Amin Nasser disclosed at an investor conference that global oil demand is expected ...
ADNOC and SLB Deploy AI Monitoring Systems Across 120+ Drilling Rigs in the UAE
Abu Dhabi National Oil Company (ADNOC) has announced a partnership with SLB (Schlumberger) to deploy...
L&T-led consortium wins over $1.57 billion offshore facilities contract from UAE's ADNOC
Larsen & Toubro (L&T)'s arm, L&T Energy Hydrocarbon Offshore (LTEH Offshore), has been a...
U.S. Tidewater Reports Q2 2026 Revenue of $342.3 Million
Tidewater Inc. (NYSE: TDW) announced its second-quarter 2026 results, with President and CEO Quintin...
AMETEK Launches New Generation Grabner Vision Pro Series Fuel Analysis Platform
AMETEK, Inc. has launched the new generation Grabner Vision Pro series analytical instrument platfor...
ExxonMobil Drills Rockhead-1 Prospect in Guyana's Stabroek Block
ExxonMobil has commenced exploration drilling operations at the Rockhead-1 prospect in the Stabroek ...
Petroperú Reports Net Profit of $121 Million in First Half of 2026
Petroperú, Peru's state-owned oil company, posted a net profit of $121 million in the first half of ...
U.S. Diamondback Energy Raises 2026 Production Outlook to Million Barrels of Oil Equivalent per Day
Diamondback Energy Inc. CEO Kaes Van't Hof told investors and analysts on August 4 that the company ...
BP Says UK Policy Changes Won't Alter North Sea Business Sale Decision
Just days after BP Plc announced the sale of its North Sea business, potential buyers have already c...
Australia's Worley Signs Engineering Services Framework Agreement with INPEX's Australian Subsidiary
Australian engineering company Worley has signed its first major services framework agreement with I...
US ExxonMobil Confirms Long-Term Presence in Kazakhstan's Oil and Gas Sector
US-based ExxonMobil has confirmed its long-term operations in Kazakhstan's oil and gas industry. Dan...
UK's BP Sells German Refinery, Cuts $1 Billion in Costs
British Petroleum (BP) has completed the sale of its Gelsenkirchen refinery in Germany to investment...
India's Chennai Petroleum Plans to Raise Manali Refinery Capacity to 280,000 Barrels Per Day
Indian refiner Chennai Petroleum Corporation Limited plans to increase the crude processing capacity...
Peru's Petroperú inventories ensure Puerto Maldonado supply through August 7
Peru's state-owned oil company Petroperú has continuously supplied fuel to Puerto Maldonado through ...
Russia's Kaluga Region Signs Fuel Supply Contract Through End of 2026
The Kaluga Region government has stabilized the petroleum products market in the region by signing a...