worldoil.com
Brent crude surged toward $108/bbl and WTI topped $104 as escalating Middle East attacks and tighter supplies extended oil's powerful rally.
North American Blue Energy Partners plans to raise Venezuela oil production from about 200,000 bpd to 500,000 bpd by the end of 2028, though ana…
Saipem and Jan De Nul will begin preliminary work on Rovuma LNG’s offshore development in Mozambique, designed to deliver gas from 18 subsea wel…
Brent crude settled above $101/bbl as escalating U.S.-Iran tanker attacks, renewed Chinese crude buying and declining global inventories heighte…
deugro and Jerilai Pujari Transport Limited have formed a new joint venture to support logistics for a major LNG development in Papua New Guinea…
Venezuela is considering leaving OPEC just months after the UAE’s withdrawal, raising questions about the producer group’s cohesion and its abil…
BritENERGY Group is shifting investment to the U.S. Permian basin as its chairman criticizes the UK’s energy policies, acquiring interests in 13…
With the tenure of former Canadian Prime Minister Justin Trudeau firmly in the rearview mirror, current Prime Minister Mark Carney has been loos…
The U.S. and Venezuela are discussing a potential agreement that could give Washington a major stake in Venezuelan oil fields, with a 100-year l…
The U.S. has threatened sanctions against countries that continue trading with Iran, putting crude buyers under greater scrutiny as Washington i…
PetroChina is reportedly weighing the sale of part of its stake in LNG Canada to help finance the project's planned Phase 2 expansion, as growin…
A coalition of UK energy producers, manufacturers, trade unions and industry groups has urged Labour MPs to support North Sea oil and gas produc…
Oceaneering has secured a four-year contract from Petrobras to provide remotely operated vehicle (ROV) services offshore Brazil, supporting subs…
Zenith Energy Australia will lead the next phase of the Northern Endeavour decommissioning program, centered on the permanent plugging and aband…
Australia's Northern Territory has approved land for a proposed $28 billion AI data center development that would be powered by natural gas from…
Norske Shell has awarded AGR a four-year framework agreement to provide drilling, wells and offshore personnel for operations supporting the Orm…
DOF Group will sell four platform supply vessels and acquire two new construction support vessels as part of its fleet optimization strategy, wh…
Sir Ian Wood, the visionary entrepreneur who built Wood Group into a global engineering leader and helped shape the North Sea oil and gas indust…