Oil prices dip below $100 after US, Iran agree on ceasefire
Oil prices dropped below $100 per barrel (bbl) following an announcement from US President Donald Trump regarding a two-week ceasefire …
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AFR taps Fluor for FEED at new refinery in Brownsville, Texas
America First Refining (AFR) has selected engineering and construction company Fluor to handle the front-end engineering and design (FEED) of …
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Eni discovers 2tcf of gas in Egypt’s Temsah Concession
Italian energy company Eni has announced the discovery of around two trillion cubic feet (tcf) of gas initially in place …
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From ‘nice to have’ to business critical: The TCO case for private 5G in oil and gas
Historically, the oil and gas industry has been reluctant to adopt private 5G, with legacy TETRA, Wi‑Fi, Wi‑Max and SCADA …
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New episode: Q&A with Sweden’s nuclear power chief
Sweden’s nuclear landscape has done a 180-turn in recent years, moving from plans for a phase-out now to ambitions for an …
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Aker BP and partners begin production at North Sea’s Symra field
Aker BP and its partners DNO Norge and Equinor Energy have commenced production at the Symra field in the Norwegian …
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Phillips 66 flags $900m loss as oil price surge hits Q1 results
Phillips 66 has disclosed approximately $900m in pre-tax mark-to-market losses for the first quarter of 2026 (Q1 2026), a direct …
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US continues to be a major driver of global ethylene demand
Global ethylene demand continues to grow, reflecting the essential role of this petrochemical in producing plastics, packaging, and other everyday …
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China to be at the forefront of global propylene demand in 2026
The global propylene market has posted steady growth in recent years and is forecasted to grow significantly at a CAGR …
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Oil prices jump as US deadline nears for Iran to reopen Hormuz
Oil prices increased on 7 April amid an approaching US deadline for Iran to reopen the Strait of Hormuz, with …
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Seadrill secures contract extension for West Polaris in Brazil
Seadrill has secured a contract extension of 1,095 days from Petrobras for the West Polaris ultra-deep-water drill-ship, allowing it to …
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Halliburton, Petronas, Valaris sign SCA for Suriname offshore assets
Halliburton, Petronas Suriname Exploration & Production and Valaris have signed a strategic collaboration agreement (SCA) to develop Suriname's offshore assets. Valaris …
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Falcon reports 10.3mcf/d IP20 result from Beetaloo’s SS2-1H well
Falcon Oil & Gas has reported that the Shenandoah SS2-1H well in the Beetaloo Sub-basin in Australia’s Northern Territory, produced …
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Lion Energy signs rig contract for Bula Karang-1 exploration well
Lion Energy has entered into an agreement with Silver City Drilling for the use of the SCD-20 rig to drill …
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Oil prices steady as markets weigh Gulf supply risks
Oil prices showed minimal movement on Monday as markets evaluated the impact of ongoing geopolitical tensions and potential supply disruptions. By …
