International
wind energy floating
International

Brazil’s Oil & Gas Major Opens Offshore Wind Tender

Petrobras, a Brazilian state-owned oil and gas company, has issued tenders for geophysical and geotechnical studies to explore the feasibility…
Oil demand growth to continue, no peak in sight, OPEC Secretary General says
International

Oil demand growth to continue, no peak in sight, OPEC Secretary General says

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC…
Petrobras
International

Brazil’s oil & gas major opens offshore wind tender

Petrobras, a Brazilian state-owned oil and gas company, has issued tenders for geophysical and geotechnical studies to explore the feasibility…
US oil output set for first annual drop since pandemic
International

US oil output set for first annual drop since pandemic

Blow to Donald Trump’s ‘energy dominance’ goal as EIA predicts production decline in 2026 US oil production will fall next…
offshore oil rig
International

BP expands oil and gas interests in Azerbaijan with new deals

BP and its partners have sanctioned a new phase of development for the Shah Deniz gas field and gained access…
Petrobras
International

Petrobras targets Africa for oil exploration region outside Brazil

Petrobras has recently shown interest in acquiring stakes in oil assets abroad, particularly in Africa. Petrobras, the Brazilian state-run oil…
tullow oil
International

Kosmos and Tullow Oil secure 15-year extension to Ghana joint venture

Kosmos Energy Ltd and Tullow Oil PLC on Wednesday reported the extension of their exploration prospects in Ghana until 2040.…
IEA Executive Director Fatih Birol
International

Global oil investments expected to drop 6% this year, says IEA

Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the…
Russia oil and gas revenue
International

Russia’s oil, gas revenues down 35% in May

The Russian Finance Ministry reported Wednesday that oil and natural gas revenues fell 35.4% in May, compared to the same…
Transocean-Spitsbergen
International

Equinor exercises $100m option for Transocean semisub

Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built…

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