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…
Petrobras has reported net profit of 32.7bn reais for the first quarter of 2026 (Q1 2026), a 7.2% decline in…
Oil prices surged on 11 May after US President Donald Trump said Iran’s response to his peace proposal was “unacceptable”,…
Conrad Asia Energy subsidiary West Natuna Exploration has awarded the subsea umbilical, flowline and riser (SURF) contract for the Mako…
Aramco CEO Amin Nasser warned that global oil supplies have declined by an estimated one billion barrels over the past…
Oil prices increased on 8 May as conflicts resumed between the US and Iran, putting a fragile ceasefire at risk…
Eni has conducted a drill stem test (DST) at the Geliga-1 gas discovery offshore East Kalimantan, Indonesia, confirming the reservoir’s…
Shell has reported adjusted earnings of $6.9bn for the first quarter of 2026 (Q1 2026), a 23.2% increase from $5.6bn…
US-based energy services company Expro Group has agreed to purchase Enhanced Well Technologies Group (Enhanced Drilling), a Norwegian drilling solution…
Equinor has reported net income of $3.1bn for the first quarter of 2026 (Q1 2026), an 18% increase from $2.6bn…
Diversified Energy and Carlyle’s Global Credit platform have agreed to jointly acquire a portfolio of oil and natural gas assets…