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oil prices
North America

Oil slips $4 as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices slipped to their lowest since March today after US President Donald Trump and Iran’s deputy foreign minister said…
Egypt boosts oil production in Western Desert
Middle East

Egypt boosts oil production in Western Desert

Egypt has increased oil production in the Western Desert as part of its efforts to boost domestic output and reduce…
offshore wind energy floating
Australia

Global Offshore Wind Capacity on Track to Quadruple to 420GW by 2035

Governments across the world should expedite the development and construction of offshore wind farms to help shield their economies from…
wind-energy-offshore
Europe

Crown Estate Launches Tender for Abandoned 1.5GW Morgan Offshore Wind Site After EnBW and JERA Nex BP Exit

The Crown Estate plans to launch a competitive tender process this month for the Morgan offshore wind site in the…
Indonesia Energy on track for late-June spud of K-29 well in South Sumatra
Asia

Indonesia Energy on track for late-June spud of K-29 well in South Sumatra

Indonesia Energy remains on schedule for a late-June spud of the K-29 well at its Kruh Block in South Sumatra,…
New jackup acquisition takes PV Drilling fleet to eight rigs
Asia

New jackup acquisition takes PV Drilling fleet to eight rigs

Petrovietnam Drilling and Well Service Corporation (PV Drilling) has expanded its fleet by adding another jackup drilling rig. With the…
Zion Oil & Gas commences sidetrack operations at MJ-02 well in Israel
Middle East

Zion Oil & Gas commences sidetrack operations at MJ-02 well in Israel

Zion Oil & Gas started field operations for the sidetrack phase of its Megiddo-Jezreel 2 (MJ-02) well in Israel, re-entering…
SLB
South America

SLB Lands Major Deal to Help Rebuild Venezuela’s Oil Industry

SLB has signed a long-term contract with Venezuela’s PDVSA to reverse a major decline in oil production and modernize the…
Tullow Oil
Africa

Tullow Oil says production is tracking ahead of guidance

Tullow Oil PLC told investors that production in the first five months of 2026 is tracking ahead of its stated…
COSCO Installs 2GW Converter Platform for China’s Offshore Wind Farm
Asia

COSCO Installs 2GW Converter Platform for China’s Offshore Wind Farm

COSCO Shipping Specialized Carriers has completed the transport and float-over installation of an offshore converter platform for the Qingzhou V…

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