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 …
Post
-
-
BP signs MoU with Venezuela for Cocuina-Manakin gas project
BP has agreed to develop the Cocuina-Manakin offshore gas field, which sits on the maritime border between Venezuela and Trinidad …
-
Top 20 themes shaping the oil and gas industry in 2026
In this report, GlobalData identifies the top 20 themes that will impact the oil and gas industry in 2026. For …
-
Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026
Goldman Sachs and Evercore led the oil and gas mergers and acquisitions (M&A) advisory rankings in the first quarter of …
-
BW Offshore enters FPSO FEED deal with Equinor for Bay du Nord
BW Offshore has entered into a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord project …
-
TotalEnergies Q1 2026 net income jumps 48.7% to $5.8bn
TotalEnergies reported net income of $5.8bn for the first quarter of 2026 (Q1 2026), up 48.7% from $3.9bn a year …
-
New episode: batteries and beyond, emerging energy storage solutions
Global power demand is accelerating, driven by electrification across transport and industry as well as the expansion of digital infrastructure. At the same time, intermittent …
-
OKEA achieves 71% profit increase in Q1 2026
OKEA, a Norwegian Continental Shelf operator, has reported net profit of $36m (Nkr334.87m) in the first quarter of 2026 (Q1 …
-
M&P, NG Energy make gas discovery at Hechicero-1X well in Colombia
Etablissements Maurel & Prom (M&P) and NG Energy International (NGE) have reported the discovery of a new natural gas reservoir …
-
Petro Victory confirms 72m gas pay at SJ-12 well in São João field
Petro Victory Energy has identified 72m of gas pay within a 280m gross hydrocarbon interval at the 7-SJ-12DA-MA well (SJ-12) …
-
UAE to quit OPEC, opening door to higher output outside quotas
The United Arab Emirates (UAE) has announced its decision to leave the Organisation of the Petroleum Exporting Countries (OPEC), effective …
-
BP reports 453% surge in net profit to $3.8bn in Q1 2026
BP reported net profit attributable to its shareholders of $3.8bn for the first quarter of 2026 (Q1 2026), an increase …
-
Mongolia approves Jade Gas appraisal report for TTCBM project
Jade Gas, an Australia-based gas exploration company, has received approval from the Mineral Resources and Petroleum Authority of Mongolia for …
-
Greenland Energy signs Halliburton for Jameson Land Basin drilling
Greenland Energy has formalised an agreement with Halliburton to secure integrated consulting and logistical management services for its onshore drilling …
-
Tersis and Vivum pursue first UK modular waste‑to‑energy plant
Tersis Technologies has signed a non‑binding memorandum of understanding (MoU) with Vivum Intelligent Media to pursue the first UK deployment of Tersis’ Oaktree modular …
