India's ONGC to Spend $1.6 Billion Expanding Strategic Oil Reserve Base
The Indian government has tasked Oil and Natural Gas Corporation (ONGC) with building a new strategi...
India's Reliance Industries Says Energy Imports Exceed 70%, Calls for Reduced Dependence
Anant Ambani, Executive Director of Reliance Industries, called for reducing India's dependence on i...
Baker Hughes: U.S. energy firms add oil and gas rigs for eighth time in nine weeks
U.S. energy firms this week added oil and natural gas rigs for the eighth time in nine weeks, accord...
Iraq exports crude oil and naphtha through Syria as alternative to Strait of Hormuz route
Iraq is planning to export crude oil and naphtha through Syrian ports to replace the main Gulf shipp...
Vantage shareholders approve $258 million merger with Norway's Eldorado
Shareholders of offshore drilling contractor Vantage Drilling have approved the company's merger wit...
Rosneft Maintains Second Place in Global Hydrocarbon Production Among Listed Oil and Gas Companies in 2025
Igor Sechin, CEO of Rosneft, announced at the annual general meeting of shareholders that the compan...
German Environment Minister: Iran's Blockade of the Strait of Hormuz Crisis Should Drive COP31 to Phase Out Fossil Fuels
German Environment Minister Carsten Schneider stated that the energy crisis triggered by Iran's bloc...
Brazil's Ecovix Secures $427.5 Million Tanker Order from Transpetro
Brazilian shipbuilder Ecovix has signed a contract with Transpetro to build four MR1 (Medium Range) ...
John Crane Expands Oil and Gas Operations with New Service Center in Brazil
John Crane, a business under the UK-based Smiths Group, has announced an expansion of its operations...
Japan's Cosmo Plans to Invest 300 Billion Yen in Upstream and Oil Business Over Next Decade
Shigeru Yamada, CEO of Japan's Cosmo Holdings (parent company of Shigeru Corporation), stated that d...
Libya's NOC Signs Upstream Agreements with Multiple International Companies, Aiming to Boost Production to 2 Million Barrels Per Day
Libya's National Oil Corporation (NOC) has signed production sharing agreements with several interna...
Equinor Advances Ringvei Vest Subsea Project in the North Sea, Contributing 240 Million Barrels of Oil Equivalent
Equinor and its partners have agreed on the concept for the Ringvei Vest subsea development project,...
Egypt Signs Onshore and Offshore Development Agreements, with $6 Million Onshore Investment
The Egyptian Natural Gas Holding Co. (EGAS) has signed an onshore concession agreement with Harbour ...
U.S.-Iran Agreement Takes Effect, Strait of Hormuz Reopens, WTI Crude Falls to $76.60
After the U.S.-Iran interim peace agreement took effect, the Strait of Hormuz resumed navigation, wi...
ExxonMobil Applies to Drill 35 Exploration Wells in Guyana
ExxonMobil Corp. has submitted an application to Guyanese regulators to drill 35 exploration wells a...
India's HPCL restarts crude unit at 9-million-tonne Rajasthan refinery after April fire
Hindustan Petroleum Corporation Limited (HPCL) announced that its joint venture refinery in Rajastha...
Brazil's Alfamares invests R$7 million in oil tanker for operations
Alfamares Transportes, Apoio Marítimo e Portuário, based in Natal, has put the oil tanker "Seawolf" ...
OC2026 (Shenzhen) International Offshore Oil & Gas Conference Concludes Successfully: Two Days of Intensive Output, Global Offshore Industry Chain Re-anchored Here
From June 16 to 17, the OC2026 Offshore Oil & Gas Conference was held in Shenzhen. Themed "Venturing...
Norwegian EMGS Wins $6 Million Contract to Convert Vessel for CSEM Exploration
On June 16, Norwegian Electromagnetic Geoservices (EMGS) is converting the former seismic survey ves...
Norway's Equinor Plans to Reach 2.3 Million Barrels of Oil Equivalent per Day by 2030
Norwegian energy company Equinor has set a new target: to increase daily production to 2.3 million b...
Indian Oil Corporation and CSIR Sign MoU to Collaborate on Advancing Energy Technology Innovation
Oil India Limited (OIL) and the Council of Scientific and Industrial Research (CSIR) have signed a M...
EnerMech Completes Complex Offshore Operations in Australia
EnerMech has completed a complex offshore operation in Australia as part of an offshore asset campai...
Petronas Tests Oil in Suriname's Offshore Block 52
Petronas, Malaysia's national oil company, is conducting oil testing in Block 52 offshore Suriname, ...
ExxonMobil Signs with Shearwater for DAS Seismic Survey Offshore Guyana
ExxonMobil has contracted with Norwegian marine geoscience company Shearwater GeoServices to conduct...
Arrow's Second Well at Icaco Field in Colombia Produces 830 bpd
Arrow Exploration has brought its second well drilled in the Icaco field, located in the Tapir block...
Equinor drills dry well beneath Heidrun field in Norwegian Sea
Equinor and its partners have drilled a dry well in the Heidrun Cellar SE prospect beneath the Heidr...
TAG Oil's NDC-9 Rig to Be Transported to Egypt's BED-1 Block for Drilling T-200 Well
TAG Oil's NDC-9 rig is expected to be transported this month to the BED-1 block of the Badr El-Din f...
BP Plans to Sell Minority Stakes in Two Major US Gulf of Mexico Deepwater Projects, Each with 80,000 bpd Capacity
BP is seeking partners for its two core deepwater projects, Kaskida and Tiber, in the US Gulf of Mex...
Repsol Signs Letter of Intent with Venezuela to Explore New Oil Area
Repsol has signed a letter of intent with Venezuela's Ministry of Hydrocarbons (Ministerio de Hidroc...
Brazil's PRIO Company's Fourth Production Well at Wahoo Field Starts Production, Reaching 10,000 Barrels per Day
The fourth production well has been brought online, with each well achieving a stable production rat...