News

African Energy Chamber signs oil and gas cooperation deal with Venezuela

March 04, 2026

The African Energy Chamber has signed a cooperation agreement with Venezuela’s energy ministry and PDVSA to expand upstream investment, gas development and energy trade between Africa and the South American producer.

Producers face storage crunch as Hormuz shutdown traps Middle East crude

March 04, 2026

Bay du Nord offshore project advances with new benefits agreement

March 04, 2026

Seadrill alliance targets remote DP operations for offshore drilling

March 04, 2026

UK operators meet with Chancellor Reeves on junking Energy Profits Levy

March 04, 2026

Equinor, Hydromea achieve first subsea-to-cloud wireless data transmission

March 04, 2026

Senate energy committee approves Steve Pearce for BLM director

March 04, 2026

Oceaneering launches electric work-class ROV for extended subsea operations

March 04, 2026

Rachel Reeves delays plans to scrap North Sea windfall tax

March 04, 2026

Infrastructure attacks, Hormuz shutdown driving oil surge, analysts say

March 03, 2026

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 03, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 03, 2026

Permian Basin

Flowco completes $200-million acquisition of Valiant Artificial Lift Solutions

March 03, 2026

UAE reports major fire at Fujairah oil export hub outside Hormuz

March 03, 2026

Extended Hormuz closure could push oil toward $110, analyst warns

March 03, 2026

Subsea7 announces CEO transition ahead of planned Saipem merger

March 03, 2026

Norway warns gas production maxed out amid Qatar LNG shutdown

March 03, 2026

Trump says U.S. Navy will escort tankers to protect Hormuz oil flows

March 03, 2026

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio

March 02, 2026

Oil surges as Strait of Hormuz traffic nearly halts amid Middle East war

March 02, 2026