Shell reports net income of $4.1bn in Q4 2025
Shell has reported net income of $4.1bn, or $0.71 per diluted share, for the fourth quarter of 2025 (Q4 2025), …
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Equinor reports operating income of $6.2bn in Q4 2025
Equinor has reported adjusted operating income of $6.2bn for the fourth quarter of 2025 (Q4 2025), down from $7.9bn in …
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Phillips 66 reports net income of $2.9bn in Q4 2025
Phillips 66 has reported net income of $2.9bn, or $7.17 per share, for the fourth quarter of 2025 (Q4 2025), …
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Chevron strikes deal for oil exploration off Syrian coast
Chevron has announced a preliminary agreement with the Syrian Petroleum Company and Qatar's UCC Holding to assess opportunities for oil …
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ExxonMobil Guyana acquires FPSO ONE GUYANA for $2.32bn
ExxonMobil Guyana, a subsidiary of ExxonMobil, has finalised the acquisition of the floating production, storage and offloading (FPSO) vessel ONE …
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Petronas secures 20-year LNG supply deal with QatarEnergy
Petronas LNG has entered into a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first …
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Tecnimont and Baker Hughes sign MoU to pursue modular LNG projects
Tecnimont, part of the MAIRE group, and Baker Hughes have signed a non-exclusive memorandum of understanding (MoU) to assess joint …
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Shell to sell 20% Orca Project stake to Kuwait’s KUFPEC
Shell subsidiary ShellBrasil Petróleo has entered into an agreement with the Kuwait Foreign Petroleum Exploration Company (KUFPEC) to divest a …
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Eni, Q8 to build new biorefinery in Priolo, Italy
Italian oil and gas company Eni and Kuwait Petroleum Corporation’s (KPC) Q8 Italy business have announced plans to construct a …
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Why modern refinery maintenance is becoming a competitive differentiator in oil and gas
Oil and gas refining is entering a new era, one defined not only by global demand fluctuations, regulatory pressure and …
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SLB wins $1.5bn contract for next stage of Mutriba field development
SLB has secured a $1.5bn (Kd460.66m), five-year integrated contract from Kuwait Oil Company for the next stage of the Mutriba …
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DECARBON 2026: projects driving offshore carbon capture infrastructure in Europe
As Europe accelerates its industrial decarbonisation agenda, offshore carbon capture and storage (CCS) is moving from pilot initiatives to full-scale …
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Rex subsidiary completes drilling of AK-2H production well offshore Benin
Rex International Holding has announced that its indirect subsidiary, Akrake Petroleum, has completed drilling the AK-2H production well in the …
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Chevron, Equatorial Guinea boost GEPetrol stake in Aseng gas project
Chevron, in collaboration with Equatorial Guinea's Ministry of Hydrocarbons and Mining Development, has established a heads of agreement (HoA) to …
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Aker BP starts oil production at Solveig phase two development
Aker BP has commenced oil production from phase two of the Solveig project in the Norwegian North Sea, less than …
