Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
The Kurdish authorities in northeastern Syria have restarted oil supplies to government-controlled areas, marking a first since Bashar al-Assad was ousted in December.
The Kurdish authorities in northeastern Syria have restarted oil supplies to government-controlled areas, marking a first since Bashar al-Assad was ousted in December.
Shell Offshore Inc. and Shell Pipeline Company, subsidiaries of Shell plc, have reached an agreement to acquire ConocoPhillips' stake in the Ursa and Europa fields, further strengthening their position in the Gulf of Mexico.
Shell Offshore Inc. and Shell Pipeline Company, subsidiaries of Shell plc, have reached an agreement to acquire ConocoPhillips' stake in the Ursa and Europa fields, further strengthening their position in the Gulf of Mexico.
CNOOC Limited has started production for Phase II of the Luda 5-2 North oil project in the Bohai Sea. The expansion includes 29 wells and aims for peak production of 6,700 barrels of oil equivalent per day by 2026.
CNOOC Limited has started production for Phase II of the Luda 5-2 North oil project in the Bohai Sea. The expansion includes 29 wells and aims for peak production of 6,700 barrels of oil equivalent per day by 2026.
Aramco strengthens its presence in the Philippine fuel market by acquiring 25% of Unioil, with the intent to expand its network of service stations and offer its refined products and Valvoline lubricants across the country.
Aramco strengthens its presence in the Philippine fuel market by acquiring 25% of Unioil, with the intent to expand its network of service stations and offer its refined products and Valvoline lubricants across the country.
Black Gold Exploration (BGX) has announced the start of drilling at the Fritz 2-30 well in Clay County, Indiana, after acquiring a 10% working interest in the project.
Black Gold Exploration (BGX) has announced the start of drilling at the Fritz 2-30 well in Clay County, Indiana, after acquiring a 10% working interest in the project.
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
Three months after expressing its oil ambitions in Namibia, Rhino Resources announced the discovery of reserves on block 2914 in the Orange offshore basin, a strategic development for the company.
