Petrofac, a leading provider of services to the global energy industry, has  announced that it has secured an engineering,...

Shell Offshore Inc., a subsidiary of Shell plc, has announced the Final Investment Decision (FID) for Sparta, a deep-water...

Mubadala Energy, a leading energy company based in the United Arab Emirates, has announced in a statement a major...

China’s Sinochem Corp. has bought 1 million barrels of Venezuelan crude oil for delivery in December. This rare purchase...

QatarEnergy is expected to secure new long-term supply deals in Asia and Europe. According to the company’s chief executive,...

Venezuelan state oil company PDVSA and Spain’s Repsol have signed an agreement to amend the terms of their joint...

TotalEnergies has reaffirmed its commitment to business interests in Nigeria as TotalEnergies’ head, Patrick Pouyanne, met with Nigeria’s President...

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...