Equinor and partners announce North Sea well 34/6-9 S as dry
Norwegian oil and gas company Equinor and its partners have completed drilling wildcat well 34/6-9 S in the North Sea, …
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Trump administration proposes new California offshore oil leases
The Trump administration plans to propose oil drilling leases off the coast of California, opening up the region within decades, …
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Lukoil declares force majeure at Iraqi oilfield after US sanctions
Russian oil producer Lukoil has declared force majeure on oil shipments at its West Qurna-2 oilfield in Iraq, reported Reuters, …
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Buccaneer Energy’s Allar 1 well yields no commercial oil or gas
Buccaneer Energy has announced that its Allar 1 well, drilled in the Fouke area of the Pine Mills Field in …
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TMC Compressors wins contract for MODEC’s Gato do Mato FPSO project
Norway-based TMC Compressors has been chosen to deliver a high-capacity marine compressed air system for MODEC’s new floating production storage and …
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3D Energi announces update on Essington-1 gas well operations
Australian oil and gas company 3D Energi has announced updates on ongoing drilling at the Essington-1 gas exploration well in …
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EnQuest secures $800m reserve-based lending package
UK-based independent oil and gas company EnQuest has signed new senior secured reserve-based lending (RBL) facilities totalling $800m (£607.55m). The six-year …
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US finalises offshore oil lease sales in Gulf of Mexico and Alaska
The US Government is set to auction oil and gas drilling rights across nearly 80 million acres in the Gulf …
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Japan to increase monthly LNG purchases for emergency reserves
Japan is set to start purchasing liquefied natural gas (LNG) for its emergency reserves every month from January 2026, reported …
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Aker BP and partners drill dry well in North Sea
Norwegian oil exploration and development company Aker BP and its partners have reported that exploration well 30/11-16 S has yielded …
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Gunvor withdraws bid for Lukoil assets after US Treasury criticism
Swiss commodity trading firm Gunvor has withdrawn its bid to acquire international assets from Russian energy company Lukoil after the …
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MOL looks to procure most of its crude oil from non-Russian suppliers
Hungarian oil company MOL Group has announced that it can source most of its crude oil from non-Russian suppliers, signalling …
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Equinor awards new framework contracts worth $1.7bn
Equinor has signed new framework agreements with four suppliers for insulation, scaffolding and surface treatment (ISS) services at its Norwegian …
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ConocoPhillips increases dividend for Q3 2025 amid higher project costs
ConocoPhillips has raised its dividend by 8% to $0.84 per share for the third quarter of 2025 (Q3 2025), overshadowed by …
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Baker Hughes secures equipment supply order for Rio Grande LNG Train 5
US-based energy technology company Baker Hughes has secured a new contract from Bechtel Energy to supply key liquefaction equipment for …
