Iran-China Oil Flows Rise as Traders Bypass US Restrictions
Iran-China oil flows surged as traders bypassed U.S. curbs, clearing cargo backlogs.More…
Malaysia Grants Two Offshore Borneo PSCs
Petronas signed two PSCs for Sabah offshore blocks, the last awarded under…
BP to Support India’s Largest Offshore Field
BP has signed a contract to provide technical services for India’s Mumbai…
US Seeks to Reduce Iranian Oil Exports by More Than 90%
Treasury Secretary Scott Bessent said the US aims to cut Iran’s oil…
Global LNG Imports Reach 12-Month High in January Amid Europe’s Cold Spell
Cold weather in Europe is driving LNG demand, with the region leading…
North America’s Rig Growth Streak Ends
North America’s rig count fell by five last week, per Baker Hughes’…
Chevron Secures 80% Stake in Offshore Namibia Exploration Block
Custos Energy confirmed Chevron's acquisition of an 80% stake and operatorship in…
Norway receives its first ship for transporting waste carbon to undersea storage.
The Northern Pioneer is one of four ships transporting CO₂ from industrial…
Denmark increases scrutiny of ships transporting Russian oil.
Denmark will tighten inspections of Russian oil ships in its straits to…
CNOOC: World’s largest buried hill oilfield now producing.
CNOOC has started production at Bohai Bay’s Bozhong 26-6, the world’s largest…
