Middle East2 weeks 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 America2 weeks 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…
Europe2 weeks 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 America2 weeks 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…
Europe2 weeks 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 America2 weeks 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…
Europe2 weeks 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,…
Africa2 weeks 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.…
Africa2 weeks agoAngola Exported Over 93 Million Barrels of Crude Oil in 2025Luanda — Angola exported approximately 93,077 barrels of crude oil in 2025, a 7% decrease compared to 2024, according to…
Middle East2 weeks agoIEA Forecasts a $3.4 Trillion Energy Investment BoomGlobal energy investment is set to jump to $3.4 trillion this year, the International Energy Agency said today, noting that…