Vantage Drilling reports 2025 profit as offshore activity strengthens
Vantage Drilling’s return to profitability in 2025 reflects strengthening offshore fundamentals, with a previously awarded drillship contract adding to backlog […]
CNOOC boosts output, reserves as profits remain resilient in 2025
CNOOC reported record oil and gas production and reserves in 2025, supported by new discoveries, project startups and continued upstream
Petrobras confirms oil discovery in mature Campos basin pre-salt play
Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim
Tenaris acquires AllTorque oilfield division to expand tubular running technology
Tenaris has acquired AllTorque’s oilfield division to expand its tubular running technology and rig floor services, enhancing well integrity, operational
E&Ps Flag Iran War in Latest Dallas Fed Energy Survey
The Iran war was highlighted by several exploration and production companies in the ‘comments’ section of the first quarter 2026
Petrofac Says UK Tax Authorities Won’t Appeal Ruling in Creditor Deal
Petrofac said it had received confirmation from HM Revenue and Customs that the UK tax agency will not appeal a
Ukraine Says It Attacked Russia’s Kirishi Refinery
Ukraine said it hit a key Russian export-oriented oil refinery in the Leningrad region overnight.
How investors could benefit from Costco building its first standalone gas station
The added convenience and visible gas savings could “attract new members” to Costco and retain the ones it has, Jim
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Middle East crude oil tanker rates reached a multi-decade high in March
In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest
Interior’s Burgum sees U.S. energy agenda proceeding as planned
At CERAWeek, Interior Secretary Doug Burgum reinforced the Trump administration’s “energy dominance” agenda, emphasizing faster permitting, expanded domestic production and
What Does the Oil Futures Curve Show?
Rigzone talks to several analysts.
CNOOC Ltd Achieves New Production Record
CNOOC Ltd, majority-owned by China National Offshore Oil Corp, reported 777.3 million barrels of oil equivalent, or 2.13 MMboe a
Rystad Issues Oil Warning
‘The floor has moved up, so has the ceiling’, Rystad Energy said.
2 Danish Wind Projects Get European Commission Approval for $5.8B State Aid
‘The combined annual production of these two wind farms will represent the equivalent of around 25 percent of last year’s
Iran plans to charge ships for safe passage through Strait of Hormuz, report says
Officials in Tehran have drafted legislation to create a toll system where ships pay for safe passage through the waterway,
Philippines Takes Delivery of Russian Oil after US Waiver
Philippine refiner Petron received a shipment of Russian oil, according to its chief executive, after the U.S. issued a waiver
The oil market is in ‘backwardation’ — Here’s what that means for energy prices
Oil prices have been rocked by volatility since the U.S.-Iran war began.
Oil prices rise as Iran rejects direct U.S. talks despite proposal review
Oil prices rose after Iran signaled it had no intention of holding direct talks with the United States.
CERAWeek Day 3: EPA’s Zeldin announces fuel waiver to improve U.S. gasoline supply
At a press briefing during Wednesday morning at CERAWeek by S&P Global 2026, U.S. EPA Administrator Lee Zeldin announced a
SLB, NVIDIA expand partnership to deploy AI infrastructure for energy industry
SLB and NVIDIA are expanding their collaboration to develop AI infrastructure, modular data centers and domain-specific models aimed at scaling