Some 23 tankers have been spotted around Iran’s principal oil-export hub, the largest cluster to have gathered at the island since the U.S. Navy began a blockade on the country’s ports a month ago, interdicting and seizing ships.
Perenco has restarted production from the Davy gas field in the Southern North Sea more than five years after the asset was shut in and previously considered for decommissioning.
FutureOn has launched FieldTwin Operate, a digital twin platform designed to integrate engineering, inspection and operational data for offshore subsea assets into a single geospatial workspace.
ADNOC has signed strategic collaboration agreements with Indian energy companies covering crude oil storage, LNG and LPG cooperation as the UAE and India deepen long-term energy ties amid rising regional supply and shipping concerns.
The Venezuelan government is circulating a draft of regulations as part of its newly enacted oil law, highly anticipated by companies planning to invest in the country’s increased oil production.
The U.S. and China called for the Strait of Hormuz to reopen following talks between President Donald Trump and Chinese President Xi Jinping, though negotiations over the Iran conflict remain deadlocked as global oil prices continue climbing.
Mexican President Claudia Sheinbaum has tapped Juan Carlos Carpio to lead Pemex as the state oil company grapples with mounting debt, declining production and broader fiscal pressure.
Velesto Energy has secured its first asset-light drilling contract through a third-party charter arrangement, winning a jackup rig contract from Hibiscus Oil & Gas Malaysia for an offshore drilling campaign in Malaysia.
The U.S. and Iran remained far apart Sunday on negotiations aimed at ending the conflict and reopening the Strait of Hormuz, while a drone strike near a United Arab Emirates nuclear facility underscored ongoing security risks across the Gulf region.
Australian energy company Santos has commenced oil production at the Pikka phase one development at North Slope, Alaska, US, aiming for an initial 20,000 barrels per day (bpd) gross of oil. During the start-up and commissioning phase, production is set to ramp up to this initial level over the coming weeks and is set to […]