Upstream

As Iran conflict drags on, fund managers see rising upside risk in energy markets UK investor City Natural Resources argues market expectations for rapid easing of geopolitical tensions are misplaced, …

Video: Petrobras FPSO reaches yard after tight ‘under the bridge’ manoeuvre After 27 years at Marlim, P-35 reaches Inhauma for modernisation as Petrobras weighs its next role

East Canada facilities hit by drilling mud spill and gas release Investigations underway into incidents at Cenovus' West White Rose platform and Suncor's Terra Nova FPSO

Low EU gas storage to extend LNG squeeze into 2027, says IEA Middle East war has delayed global LNG build-out as IEA now sees around 150 Bcm in supply losses …

Argentina LNG to be sanctioned ‘this month’: YPF CEO Horacio Marin was speaking at Adipec event in UAE

NOV secures prestigious contract in floating production sector Renowned US contractor also says offshore investment outlook is very strong

Saudi Aramco begins production from giant oilfield expansion project Zuluf offshore increment project expected to process up to 600,000 bpd of crude before the end of 2026

Operator change for major gas project in Norway Vaar has replaced Equinor as operator of Peon gas discovery

Adnoc's XRG to acquire Shell’s stake in Australian project for $1.45 billion NWS LNG project has 14.3 million tonnes per annum of liquefaction capacity and 4.4 Tcfe of remaining resources

Kazakhstan restarts oil export pipeline after new attack sparks major fire at Russian facility Pipeline link between Kazakhstan and Russia was halted on Monday after overnight drone attack

'Statement of economic sovereignty': Africa Energy Bank launched in Abuja Institution aims to plug financing gap as traditional fossil fuel lenders pull back from sector

CNOOC Ltd South China Sea semisub set to resume production after May fire CNOOC Limited says production and operations are expected to resume in the fourth quarter

Two wells disappoint in mature Norway areas Jotun Deep exploration well and Freke appraisal well fail to deliver

Saudi Aramco net income rises to $31.2 billion despite attacks on key facilities The Saudi state giant reported an adjusted net income of $28.6 billion for the same period last …

PTTEP to take FID on three offshore projects by end of year More discoveries to be exploited in Malaysia, one of Thai operator's upstream focus areas

Consortium to invest $3.1 billion for slice of Mitsubishi's stake in LNG Canada Blackstone-led investor consortium will acquire 49.9% stake in Mitsubishi’s holding in the project

TotalEnergies CEO asks 'why should we invest' after $900 million offshore wind hit French supermajor says no way to 'affordable power' from German concessions as it waits for government clarity

Vote of confidence for Abbey-Baker gas project in the UK Kistos agrees to acquire 30% in project from operator Petrogas

BP confirms latest $4 billion renewables hit CEO tells investors 'we need to be better stewards' as oil giant continues to disentangle from wind and solar

Adnoc teams up with OpenAI and UAE player to deploy frontier technology Adnoc has emerged as the first energy company to adopt OpenAI’s frontier technology, following the signing of a …

BP completes Castrol sale to Stonepeak as former Shell CEO tapped as chairman Ben van Beurden becomes chair of new company that will handle Castrol management

Adnoc takes FID on landmark gas development UAE holds world's seventh-largest gas reserves, with 298 Tcf of conventional gas and 160 Tcf of unconventional gas

Chairman of major Chinese contractor steps down Offshore contractor also reported 13.5% year over year growth in quarterly profits

UK independent contracts newest rig to start North Sea drilling next year Previously unused semisub slated to drill six wells for Serica Energy

Another body located offshore Gabon Efforts are ongoing to find the the fifth and final missing person

TotalEnergies takes over at Lang Lebah Joint development of PTTEP's largest ever gas discovery with B14 field on the cards after farm-out deals

Adnoc CEO: Gulf disruption drains 1 billion barrels of oil, 600 Bcf of LNG supplies Al Jaber noted that shipping and logistics costs for crude oil have risen to more …

Venture Global starts commercial operations at Plaquemines LNG Shell loads first post-COD cargo from latest US liquefied natural gas export project

Opec+ holds December oil output steady amid rising Gulf shipping threats Move to maintain production levels comes amid backdrop of heightened geopolitical tensions in the Middle East

Contractor confirms Middle East framework deal award Oman aiming to boost oil and gas production, and said to be lining up development projects dubbed Wave 1 and Wave 2

Canada explores LNG exports to Europe as part of new alliance Canada-EU Alliance for the Future unveils feasibility study for gas shipments from North American producer

Chevron sees exploration bonanza ahead thanks to prospect hopper, AI US supermajor to increase exploration spending by 50%

ExxonMobil profit doubles and tops expectations on refining surge Wars in Ukraine and the Middle East boost refining margins

Campaigners target major European banks to thwart Argentina LNG financing NGOs pressuring at least three lenders to withdraw support from Eni-YPF led LNG development

Chevron boasts double digit growth in third quarter US supermajor sees exception performance in downstream and healthy rise in upstream business segments

Petrobras makes third oil find at Morpho well in Foz do Amazonas basin Company to continue exploration work in Brazil's northern equatorial margin with Mae de Ouro prospect

Thunder Duck waddles into view in US Gulf BP planning to drill new prospect in the same area as its Thunder Horse field

Contractor poised to commission giant LNG train at QatarEnergy megaproject NFE represents the largest expansion phase of the gas field, comprising four 8 million tpa trains designed to lift Qatar’s …