NEWS
Malaysia - July 03, 2026
TotalEnergies has sold its minority stake in the Marjoram gasfield to INPEX for USD 350 million as it sharpens its focus on operated assets.
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Canada - July 3, 2026
Pembina and partners have sanctioned the USD 3.2-billion Greenlight Electricity Centre project to power a new data centre in…
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Egypt - July 02, 2026
Genel Energy will acquire Capricorn Energy for approximately $360 million, expanding its footprint into Egypt.
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NEWS
Namibia - July 02, 2026
Rhino Resources has advanced appraisal of its Capricornus discovery, strengthening confidence in the field's potential.
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USA - July 02, 2026
Shell has agreed to sell its interest in the Na Kika platform and the Coulomb tieback to Talos Energy and Ridgewood Energy for USD 1.7 billion.
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NEWS
Argentina - June 30, 2026
XRG and Eni have acquired 32% stakes from YPF in three Vaca Muerta blocks that will supply gas to the Argentina LNG project.
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Angola - June 30, 2026
Afentra has signed the KON 4 services contract in Angola with Grupo Simples and local partners, advancing development of the country's upstream.
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Kuwait - June 30, 2026
SLB has secured a seven-year innovation contract from Kuwait Oil Company to advance energy technologies at the Ahmadi Innovation Valley.
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USA - June 29, 2026
EDF has agreed to sell its renewable energy business in the US and Canada to private equity firm KKR.
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Saudi Arabia - June 29, 2026
Aramco has resumed crude oil loadings at the Ras Tanura terminal after a halt of nearly four months.
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New Zealand - March 30, 2015
The New Zealand Ministry of Business, Innovation and Employment announced today the start of the country’s yearly petroleum exploration permit…
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Australia - March 30, 2015
Fuel transport, refining and retail company Caltex Australia has seen its shares fall after Chevron entirely divested of its 50-percent stake in the…
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Brazil - March 27, 2015
Petróleo Brasileiro, Brazil’s majority state-owned energy company, may lose its investment-grade credit rating, if the production of deepwater…
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China - March 27, 2015
China’s biggest oil and gas producer PetroChina has announced that it will cut capital spending by 10 percent to $43 billion and to divest more…
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Saudi Arabia - March 27, 2015
The price of Brent crude fell $0.95 to $58.24 per barrel and US crude fell $0.98 to $50.45 per barrel on Friday morning. The sharp decline came…
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USA - March 27, 2015
US services company Helix Energy Solutions Group announced yesterday that it has inked a new contract with Shell for well intervention services in…
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USA - March 26, 2015
Houston-based oilfield services giant Schlumberger pled guilty Wednesday to violating sanctions against Sudan and Iran. The US Department of Justice…
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Iraq - March 26, 2015
Iraq is planning to adopt a production-sharing model for its exploration and production contracts, the Reuters news agency reported on…
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China - March 26, 2015
A lack of available storage may force the world’s top oil importer to scale back purchases of crude. China stepped up its crude imports last…
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NEWS
USA - March 26, 2015
The price of Brent crude increased by nearly 6 percent on Thursday following air strikes by Saudi Arabia and its allies on rebels in Yemen. The…
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