Russia has announced that it will deepen its oil export cuts, potentially by 50,000 barrels per day (bbl/d) or...

Crescent Petroleum, a leading energy company headquartered in the UAE, has announced its plans to invest up to $1...

China is set to conduct sea trials for its first ocean research drilling vessel, the Mengxiang. This vessel is...

Shell has announced its agreement to sell its 37.5% stake in the PCK Schwedt oil refinery to Britain’s Prax Group to...

ADNOC and OCI have announced a sale and purchase agreement for the acquisition of OCI’s majority shareholding in Fertiglobe,...

TotalEnergies, QatarEnergy, and Petronas have signed a production sharing contract with Staatsolie Maatschappij Suriname (Staatsolie), the state-owned oil company...

Iraq’s South Refineries Company has successfully operated its fourth refining unit, producing 50,000 barrels per day (bbl/d) of oil,...

Venezuela’s state oil company PDVSA and US oil major Chevron have requested a 15-year extension for two of their...

Neptune Energy, along with its partners EBN, Tenaz Energy, and ExxonMobil Netherlands CCS, has progressed the L10CCS project from...

Brazil’s latest offshore oil auction, organized by the country’s oil regulator, ANP, saw fierce competition among major oil and...