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Crude Oil Prices
Middle East

Ceasefire Talks Trigger the Biggest Weekly Collapse in Brent Oil Price in Two Months

Brent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension…
Chevron CEO expects oil prices to rise in the near future
North America

Chevron 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…
Equinor Awards Baker Hughes Two Contract Extensions and DeepOcean Subsea Work Across the North Sea
Europe

Equinor Awards Baker Hughes Two Contract Extensions and DeepOcean Subsea Work Across the North Sea

Baker Hughes extends two oilfield services contracts while DeepOcean secures subsea work for multiple fields including Johan Castberg Equinor has…
Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security
North America

Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security

Electricity and diversification are driving growth in energy spending with countries seeking to respond to 2nd energy crisis in 5…
Chevron Files to Acquire 70% Stake in HelleniQ Energy Greek Offshore Block as Mediterranean Exploration Accelerates
Europe

Chevron Files to Acquire 70% Stake in HelleniQ Energy Greek Offshore Block as Mediterranean Exploration Accelerates

Chevron has filed a request to buy 70% in an oil and gas exploration block offshore southwest Greece in what…
Staatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in Suriname
South America

Staatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in Suriname

Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the…
norway oil and gas
Europe

Norway North Sea Capex Rises to $28.6 Billion in 2026 as ConocoPhillips Ekofisk Redevelopment and Rising Costs

Norwegian oil and gas companies have raised their investment forecasts for 2026 and 2027 compared to estimates three months earlier,…
Block 2913B covers 8,215km² in water depths up to 3,000m
Africa

Impact Oil & Gas to split Namibia and South Africa portfolios

Impact Oil & Gas plans to progress its Namibian licences towards FID and first oil alongside TotalEnergies, QatarEnergy and NAMCOR.…
Crude Oil
Africa

Angola Exported Over 93 Million Barrels of Crude Oil in 2025

Luanda — Angola exported approximately 93,077 barrels of crude oil in 2025, a 7% decrease compared to 2024, according to…
IEA
Middle East

IEA Forecasts a $3.4 Trillion Energy Investment Boom

Global energy investment is set to jump to $3.4 trillion this year, the International Energy Agency said today, noting that…

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