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…
All articles by Salong Debbarma
Salong Debbarma
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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…
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Western Midstream to acquire Brazos Delaware II in $1.6bn deal
Western Midstream Partners (WES) has agreed to acquire all outstanding equity interests in Brazos Delaware II, a midstream operator in…
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Australia commits $7.2bn to expand fuel storage and refining
Australian Prime Minister Anthony Albanese has announced a package of more than A$10bn to expand domestic fuel stockpiles and create…
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INEOS, Shell to develop Gulf of Mexico oil and gas prospects
INEOS Energy has signed an agreement with Shell Offshore, a subsidiary of Shell, to co-invest in oil and gas exploration…
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Helix sells Gulf shallow-water abandonment unit to C-Dive
Helix Energy Solutions Group has divested Helix Alliance, its Gulf of Mexico-focused shallow-water abandonment unit, to C-Dive for $107.5m in…
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Oil prices increase as US-Iran negotiations remain unresolved
Oil prices increased on 4 May, with Brent crude rising to $111.81 per barrel and the US West Texas Intermediate…
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ConocoPhillips Q1 2026 earnings fall 21% to $2.2bn
ConocoPhillips has reported first-quarter 2026 (Q1 2026) earnings of $2.2bn, a 21% decline compared to $2.8bn in the same quarter…
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Trump approves new Canada-to-Wyoming oil pipeline border permit
US President Donald Trump has granted a cross-border permit for an oil pipeline project designed to transport Canadian crude from…
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Brent reverses from 2022 high as Strait of Hormuz remains shut
Global oil prices reversed course on 30 April after Brent crude briefly reached $126.41 a barrel (bbl), its highest level…