North America5 months agoBP, Chevron were top spenders at US Gulf of Mexico oil and gas auctionA sale of drilling rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from…
Europe5 months agoGermany’s Oil and Gas Output Is Dwindling as Prices RiseNatural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks…
Middle East5 months agoMiddle East conflict puts up to 2 million bpd of Gulf refining capacity under threat – Rystad Energy’s Oil Market UpdateAs the Strait of Hormuz remains closed in the wake of the US-Iran military escalation, Gulf countries’ oil inventory levels…
Middle East5 months agoExxonMobil Scales Back Middle East Operations, Evacuates StaffExxon Mobil has evacuated non-essential employees from its operations in the Middle East, CEO Darren Woods said in an interview…
Middle East5 months agoSlow Depletion of Big Reserves Exposes Kuwait to Oil Demand RisksKuwait risks becoming the custodian of a vast, stranded asset if it cannot align its production pace with the closing…
Asia5 months agoSLB OneSubsea wins contract for work offshore MalaysiaPTTEP subsidiary gives deal to joint venture for Kikeh 3B’s second phase SLB OneSubsea has won a major subsea production…
Europe5 months agoN-Sea Expands Fleet with Offshore Support Vessel NewbuildN-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which…
5 months agoSaudi Arabia closes key oil fields as Strait of Hormuz, oil crisis mountSaudi Arabia has reportedly begun shutting down some of its oil fields and reducing oil production in response to the…
South America5 months agoExclusive: Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources sayInternational oil majors Chevron, opens new tab and Shell, opens new tab are closing in on the first big oil…
Europe5 months agoArcher Secures Long-Term Extension with Norwegian Oil and Gas FirmArcher has secured a three-year contract extension with a major operator on the Norwegian continental shelf under a long‑term frame…
