CNOOC Limited Announces 2 New Projects Commenced Production   CNOOC Limited announced today that Caofeidian 11-6 oilfield expansion project and…

How Venezuela pulled its oil production out of a tailspin   Venezuela this year almost doubled its oil production from…

The Biggest Oil and Gas Discoveries Made in Africa in 2021   As the lifeblood of industrialized nations, oil and…

Petrobras to sell 11 onshore concessions in Brazil to Carmo Energy for $1.1bn   Brazilian state-run company Petrobras has signed…

Valaris rig finally en route to drill for Carnarvon   Australia’s Carnarvon Energy has informed that the Valaris JU-107 jack-up…

Maersk agrees $3.6 bln deal to buy LF Logistics   Container shipping giant Maersk on Wednesday agreed to buy Hong…

ExxonMobil, Qatar Petroleum begin drilling in Cyprus’ block 10   ExxonMobil and partner Qatar Petroleum on Tuesday began drilling in…

Rigs report: oil and gas discoveries at lowest levels in 75 years   According to the Norwegian energy analysts, total…

Chevron signs farm-out deal with Shell for block offshore Suriname   Oil majors Chevron and Shell have worked out a…

Oil companies’ profits soared to $174bn this year as US gas prices rose   The largest oil and gas companies…