Following an expected slowdown in 2025, global natural gas demand growth is forecast to accelerate in 2026, sending total demand to a new all-time high, the International Energy Agency (IEA) said in ...

Geopolitical tensions in the Middle East showed signs of easing as the Strait of Hormuz is reopened to commercial vessels.

The deal leverages Renaissance Offshore's current production of 3,000 boe/d as 1947 Oil & Gas aims for growth in the US Gulf ...

Petrobras has agreed to acquire interest in and will assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, ...

The project involves engineering and installation tasks at water depths of 450-660 m, including connecting three new gas wells and installing triple tie-in spool bases to ...

The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel ...

Additional reservoir zones remain unpenetrated due to early drilling termination, but upcoming sidetrack operations aim to ...

Following drilling and appraisal activities, Assala is advancing a 60-well phased development plan, aiming to maximize oil recovery from the Gamba formation.

The weekly rig count in Canada decreased by 5 to 130, mainly due to a drop in oil-directed rigs, while gas rigs increased ...

Extensive damage from the Iran war, estimated at over $25 billion, underscores the current dependence on the Strait of Hormuz ...

Masar Petroleum plans to accelerate appraisal and development activities across the block following the discovery that the ...

Saipem's latest projects at Safaniya include installing water injection systems and subsea facilities, supporting Saudi Aramco's offshore production.