US Lower 48 shale plays continue to flourish amid geopolitical uncertainties
Crude oil production in the US Lower 48 shale plays increased annually by around 17.1% in 2025, according to GlobalData. …
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Asia set to account for bulk of global PVC capacity additions by 2030
Asia is poised to dominate the global polyvinyl chloride (PVC) capacity additions by 2030 due to its surging demand from …
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Bass Oil concludes purchase of Vanessa gas field in Cooper Basin
Bass Oil has finalised the acquisition of the Vanessa gas field in the Cooper Basin, South Australia, from BeachEnergy after …
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Oil steadies near three-month low amid US-Iran pact
Oil prices hovered near their lowest levels in three months on Wednesday 17 June as investors assessed the possible effects …
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PDVSA and Repsol sign deal to boost oil and gas output in Venezuela
Petróleos de Venezuela (PDVSA) and Spain’s Repsol have signed a new agreement that aims to increase crude oil and gas …
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Equinor aims for output of 2.3mboe/d by 2030 in new growth plans
Norwegian energy company Equinor has announced plans to increase its output to 2.3 million barrels of oil equivalent per day …
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Chevron to partner with HelleniQ Energy on Block 10 in Greece
HelleniQ Energy has signed an agreement with Chevron enabling the US-based company to acquire a 70% interest in the Block …
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Middle East to drive global PVC capacity growth through 2030
The Middle East is a major contributor to global polyvinyl chloride (PVC) capacity additions by 2030, driven primarily by cost-competitive …
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MOL Group, Repsol, TPAO sign agreement for Libyan offshore exploration
Hungarian oil and gas company MOL Group has entered into a production sharing agreement with Repsol and Türkiye Petrolleri A. …
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Q&A: CB&I engineering VP on “powerful opportunity” of Petrofac Asset Solutions acquisition
On 9 April 2026, engineering, procurement and construction (EPC) company CB&I completed the acquisition of Petrofac’s Asset Solutions business. It …
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Comstock sells 27% stake in Pinnacle Gas Services to Sixth Street
Comstock Resources has divested a 27% non-controlling common equity interest in its midstream subsidiary Pinnacle Gas Services to funds managed …
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BW Opal FPSO completes interim performance test for Barossa LNG
BW Offshore has announced that the BW Opal floating production storage and offloading (FPSO) unit has completed the interim performance …
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Equinor advances Johan Sverdrup phase four after new oil discoveries
Equinor and its partners are proceeding with plans for a fourth development phase at the Johan Sverdrup field following new …
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JERA takes delivery of inaugural Barossa LNG cargo at Futtsu terminal
JERA has taken delivery of its first cargo of liquefied natural gas (LNG) from the Barossa Gas Project, operated by …
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ExxonMobil weighs early stage bid for Woodside Energy Group
ExxonMobil is assessing possible acquisition targets that include Australia-based Woodside Energy Group, according to a report from Bloomberg News, citing …
