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Lion Energy executive chairman Tom Soulsby
Asia

Lion Energy secures rig to drill Bula Karang-1 well offshore Indonesia

Lion Energy has contracted the SCD-20 rig from Silver City Drilling to drill the Bula Karang-1 exploration well in Indonesia’s…
crude oil
Europe

40% of Russia’s Baltic Oil Export Capacity Offline as Gasoline Ban Widens

Russia is banning gasoline producers from exporting the fuel until July 31, expanding the current ban that applied only to…
Natural Gas
Australia

Australia Considers Emergency Powers to Protect Domestic Gas Supply

Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on…
KazMunayGaz first deputy executive chairman Kurmangazy Iskaziyev
Asia

BP returns to Kazakhstan with new exploration deal

UK supermajor to partner KazMunayGaz in exploration of large block in promising oil and gas province BP’s return to Kazakhstan…
FPSO-Almirante-Tamandare_Capa_Credito_Divulgacao-SBM
South America

Brazil February 2026 Oil & Gas Production Breaks Record with 5.304 mm boed/d

Brazil broke its record for oil and natural gas production in February, with 5.304 million barrels of oil equivalent per…
north sea
Europe

UK Government set to approve major North Sea project amid Iran war

The UK Government is set to approve a major North Sea gas field as ministers face pressure over soaring energy…
offshore oil platform
Europe

Equinor Eyes Higher Production in 2026 With Strong NCS Portfolio

Equinor ASA is a Norwegian integrated energy company, primarily involved in exploration and production, with a diversified portfolio of assets…
Subsea7 plans to begin offshore operations in 2026. Credit Subsea7
Africa

Subsea7 wins contract for Aseng gas monetisation project

The project will link the Aseng field to the existing Alen platform through a single-well tieback. Subsea7 has won a…
Borr Drilling Limited Announces Third Quarter 2024 Results
North America

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited is pleased to announce new contract commitments for four of its premium jack-up rigs. In West Africa,…
Meg O’Neill
North America

BP’s New CEO Starts in Latest Bid to Revive Embattled Oil Giant

When Meg O’Neill takes over BP Plc on Wednesday, Big Oil’s first female chief executive officer will benefit from a…

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