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Bavaria backs hydrogen‑ready gas plant at Zolling Energy Park

Bavaria’s Economy and Energy Minister, Hubert Aiwanger, has signed a letter of intent (LoI) with Onyx Power to move forward plans for a modern, hydrogen‑capable …
NOC ends Trasta Energy partnership, retakes control of Ras Lanuf

Libya’s National Oil Corporation (NOC) has signed an agreement with Trasta Energy to end their partnership in the Libyan Emirates …
DoE awards contracts to exchange 53.3mbbl oil from SPR

The US Department of Energy (DoE) has awarded contracts to energy companies for the exchange of roughly 53.3 million barrels …
Petrobras Q1 2026 profit falls 7.2% to $6.2bn

Petrobras has reported net profit of 32.7bn reais for the first quarter of 2026 (Q1 2026), a 7.2% decline in …
Odfjell lands Magnus platform drilling contract from EnQuest

Odfjell Technology has secured a platform drilling contract from EnQuest, an oil and gas company operating in the UK North …

DoE awards contracts to exchange 53.3mbbl oil from SPR

The US Department of Energy (DoE) has awarded contracts to energy companies for the exchange of roughly 53.3 million barrels …
Petrobras Q1 2026 profit falls 7.2% to $6.2bn

Petrobras has reported net profit of 32.7bn reais for the first quarter of 2026 (Q1 2026), a 7.2% decline in …
Odfjell lands Magnus platform drilling contract from EnQuest

Odfjell Technology has secured a platform drilling contract from EnQuest, an oil and gas company operating in the UK North …
Crude spikes as Trump dismisses Iran reply, Hormuz bottleneck persists

Oil prices surged on 11 May after US President Donald Trump said Iran’s response to his peace proposal was “unacceptable”, …
Conrad awards SURF contract for Mako field to Timas Suplindo

Conrad Asia Energy subsidiary West Natuna Exploration has awarded the subsea umbilical, flowline and riser (SURF) contract for the Mako …
Aramco Q1 income rises 25% amid CEO’s warning on oil supply

Aramco CEO Amin Nasser warned that global oil supplies have declined by an estimated one billion barrels over the past …
Legal uncertainty casts shadow over Venezuelan oil opportunity

The removal of Nicolás Maduro in January marked “an important opening in the way oil business is conducted” for the …
What is ‘Premium Content’ on Offshore Technology?

Offshore Technology has introduced new ‘Premium Content’ for its readers – here’s an explanation of what’s changing and what isn’t. Premium …
PRC Europe 2026: how oil and gas is adapting to net zero

PRC Europe 2026 will take place in Amsterdam, the Netherlands, from 18–19 May. Delegates are set to discuss the future-proofing …
Devon Energy completes $58bn merger with Coterra Energy

Devon Energy and Coterra Energy have completed their all-stock merger, forming a single entity under the Devon Energy name. The companies …