Türkiye and Ethiopia have signed a memorandum of understanding (MoU) on energy cooperation during President Recep Tayyip Erdogan’s visit to...

The Iraqi cabinet approved what it described as an “amicable settlement” with Russia’s Lukoil over the transfer of operations...

Türkiye has begun the deployment of its deep-sea drilling vessel, Cagri Bey, to Somalia, marking the country’s first offshore...

Chevron Corporation, the American upstream-focused producer, has signed lease agreements with the Hellenic Republic, paving the way for hydrocarbon...

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a sweeping relaxation of sanctions on Venezuela’s...

OPEC+ is inclined to resume gradual oil production increases starting in April, Reuters reported, according to three sources within...

Saudi Aramco, the global energy leader, and Microsoft, the technology innovation giant, have signed a non-binding memorandum of understanding...

Through Malaysia Petroleum Management (MPM), Petronas has officially launched the Malaysia Bid Round 2026 (MBR 2026) under the theme...

Through a consortium, Eni and QatarEnergy have won the offshore exploration License O1 as part of Libya’s National Oil...

The British energy company, bp, reported a loss for the fourth quarter (Q4) 2025 worth $3.4 billion, a significant...