News

Equinor begins drilling Raia gas project in Brazil’s Campos basin

March 27, 2026

Equinor has launched drilling operations for the Raia project in Brazil’s Campos basin, a major pre-salt gas development expected to supply up to 16 MMcm/d and support the country’s energy demand by 2028.

Australia’s Beetaloo basin gains momentum with INPEX–Formentera partnership

March 27, 2026

IKM Testing awarded role on Northern Endurance CO₂ transport and storage project

March 27, 2026

U.S. court overturns $16 billion judgment against Argentina in YPF case

March 27, 2026

UAE boosts Fujairah oil exports as Hormuz disruption redirects crude flows

March 27, 2026

Chariot funds Angola offshore acquisition, secures stake in Block 14 production

March 27, 2026

Higher oil prices could revive U.S. shale drilling in 2026, Citi says

March 27, 2026

Why U.S. can’t simply reopen Hormuz or seize Kharg Island amid Middle East conflict

March 27, 2026

CERAWeek 2026: A.I. and gas in the long term

March 27, 2026

Interior’s Burgum sees U.S. energy agenda proceeding as planned

March 26, 2026

Canada

Tenaris acquires AllTorque oilfield division to expand tubular running technology

March 26, 2026

CNOOC boosts output, reserves as profits remain resilient in 2025

March 26, 2026

Vantage Drilling reports 2025 profit as offshore activity strengthens

March 26, 2026

ReconAfrica begins production testing at Kavango West discovery in Namibia

March 26, 2026

Iran boosts oil revenue as sole exporter via Strait of Hormuz

March 26, 2026

Serica completes TotalEnergies asset deal, establishes West of Shetland gas hub

March 26, 2026

Black Sea tanker carrying Russian oil damaged in suspected sea drone attack

March 26, 2026

Petrobras confirms oil discovery in mature Campos basin pre-salt play

March 26, 2026

Nigeria fast-tracks permits to revive idle oil wells, boost production

March 25, 2026

Saudi Arabia

Saudi Arabia ramps Yanbu exports toward 5 MMbpd as Hormuz disruption forces rerouting

March 25, 2026