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Browsing Tag

World Oil

35 posts
NNatural Gas
ADNOC Gas awards $8.2 billion in contracts for Rich Gas Development
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ADNOC Gas awards $8.2 billion in contracts for Rich Gas Development

  • 2026-08-10
(WO) — ADNOC Gas has taken final investment decisions (FID) on the next phases of its Rich Gas…
CCrude Oil
Record production lifts Petrobras Q2 profit to $10.4 billion
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Record production lifts Petrobras Q2 profit to $10.4 billion

  • 2026-08-07
(WO) — Petrobras reported record oil production during the second quarter of 2026, helping drive net income to…
NNorway
SLB, Equinor sign multi-year stimulation agreement for offshore Norway
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SLB, Equinor sign multi-year stimulation agreement for offshore Norway

  • 2026-08-06
(WO) — SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services on the Norwegian…
NNatural Gas
bp to acquire Woodside's stake in Trinidad's Calypso gas project
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bp to acquire Woodside’s stake in Trinidad’s Calypso gas project

  • 2026-08-06
(WO) — bp has agreed to acquire Woodside Energy’s 70% interest in the Calypso gas project offshore Trinidad…
EEnergy
Offshore oil dispute drives Venezuela-Guyana case at International Court
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Guyana expands Caribbean energy partnerships as oil production grows

  • 2026-08-05
(WO) — Guyana is strengthening energy partnerships across the Caribbean as the country’s rapidly expanding offshore oil sector…
NNatural Gas
Occidental CEO Richard Jackson outlines long-term growth strategy after strong Q2
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Occidental CEO Richard Jackson outlines long-term growth strategy after strong Q2

  • 2026-08-05
(WO) — Occidental President and CEO Richard Jackson used the company’s second-quarter earnings release to reinforce a strategy…
CCrude Oil
ExxonMobil, Chevron use profits to cut debt amid market uncertainty
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ExxonMobil, Chevron use profits to cut debt amid market uncertainty

  • 2026-08-04
(Bloomberg) — ExxonMobil and Chevron used record second-quarter earnings to strengthen their balance sheets, directing billions of dollars…
PPoland
Horizon Petroleum begins production testing at Lachowice gas field in Poland
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Horizon Petroleum begins production testing at Lachowice gas field in Poland

  • 2026-07-23
(WO) — Horizon Petroleum has advanced its Lachowice gas development in southern Poland after executing a drilling and…
CConflicts
AEC calls for global investment in Venezuela's energy sector reopening
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AEC calls for global investment in Venezuela’s energy sector reopening

  • 2026-07-21
(WO) — The African Energy Chamber (AEC) is calling on international operators, investors and technology providers to expand…
NNatural Gas
ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE
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ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE

  • 2026-07-21
(WO) — ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif…
EEnergy
U.S. crude production rose by 2% in 2024, mostly from Permian, EIA finds
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Phoenix Energy surpasses 50,000 bopd production in Williston basin

  • 2026-07-20
(WO) — Phoenix Energy has surpassed 50,000 bopd of production in the Williston basin, marking a major milestone…
CCrude Oil
Vitol weighs $2.3-billion sale of Delaware basin producer VTX Energy
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Vitol weighs $2.3-billion sale of Delaware basin producer VTX Energy

  • 2026-07-16
(Bloomberg) – Vitol Group is in late stage talks to sell its shale oil venture VTX Energy Partners…
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