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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NEWS
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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NEWS
Azerbaijan - February 20, 2015
The Azeri-Chirag-Guneshli (ACG) field produced an average of 638,000 barrels of oil per day in 2014, a slight decrease from 2013’s 655,370 barrels…
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China - February 20, 2015
Very large crude carriers are reported to be sailing at the fastest speed in 2.5 years with the plunge in oil prices spurring the demand for…
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Iraq - February 20, 2015
Russia’s Lukoil has completed a 2D-seismic survey at its block 10 concession in southern Iraq. The survey began in April 2014 and finished…
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Saudi Arabia - February 19, 2015
Saudi Aramco, the largest oil exporter in the world, could receive a $10-billion loan to be used to fund acquisitions and other investments,…
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Peru - February 19, 2015
Ollanta Humala, Peru’s president, inaugurated four new members of his cabinet on Tuesday, on the back of strong calls from opposition parties amid…
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Mexico - February 19, 2015
Pemex, Mexico’s state-run oil company, has put a selection of deepwater exploration projects on hold and will make personnel cutbacks in response…
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Canada - February 19, 2015
Oil and natural gas companies may cut more than $86.4 billion in capital expenditure from their 2015 budgets as a result of the falling oil prices,…
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Kurdistan Region of Iraq - February 18, 2015
A consortium led by Abu Dhabi’s national oil company Taqa has witnessed positive results from the Atrush-3 well in the eastern part of the Atrush…
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NEWS
- February 18, 2015
China is considering the option of merging some of its state-owned oil companies in order to compete with the largest oil companies and operate more…
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NEWS
Qatar - February 18, 2015
Kenya is delaying the signing of a 1-million-tonnes-per-year LNG agreement with Qatar, owing to a gas discovery in onshore block 9 pegged at 51 bcm…
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