North America3 months agoChevron CEO Confirms Multiple Vessels Were Attacked in the Strait of Hormuz This WeekMultiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. Chief Executive Officer Mike Wirth revealed…
Europe3 months agoNorway Pushes EU to Lift Its Arctic Drilling Ban as the Hormuz Crisis Forces a Rethink on EU Energy SecurityNorway, Western Europe’s top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to…
Middle East3 months agoCeasefire Talks Trigger the Biggest Weekly Collapse in Brent Oil Price in Two MonthsBrent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension…
North America4 months agoChevron CEO expects oil prices to rise in the near future“The market’s ability to absorb this imbalance has deteriorated drastically today compared to where we started,” said the CEO at…
Europe4 months agoEquinor Awards Baker Hughes Two Contract Extensions and DeepOcean Subsea Work Across the North SeaBaker Hughes extends two oilfield services contracts while DeepOcean secures subsea work for multiple fields including Johan Castberg Equinor has…
North America4 months agoImpacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on securityElectricity and diversification are driving growth in energy spending with countries seeking to respond to 2nd energy crisis in 5…
Europe4 months agoChevron Files to Acquire 70% Stake in HelleniQ Energy Greek Offshore Block as Mediterranean Exploration AcceleratesChevron has filed a request to buy 70% in an oil and gas exploration block offshore southwest Greece in what…
South America4 months agoStaatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in SurinameSuriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the…
Europe4 months agoNorway North Sea Capex Rises to $28.6 Billion in 2026 as ConocoPhillips Ekofisk Redevelopment and Rising CostsNorwegian oil and gas companies have raised their investment forecasts for 2026 and 2027 compared to estimates three months earlier,…
Africa4 months agoImpact Oil & Gas to split Namibia and South Africa portfoliosImpact Oil & Gas plans to progress its Namibian licences towards FID and first oil alongside TotalEnergies, QatarEnergy and NAMCOR.…
