Latest Headlines
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Baker Hughes Extends And Expands Integrated Well Construction Contract With Petrobras
5/26/2026
Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.
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Condor Achieves New Production Record Exceeding 15,000 boe/d With K-47 Tie In
5/25/2026
Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based, internationally focused energy transition company with active Central Asian operations is pleased to provide an operational update on its Uzbekistan project.
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Eni And Partners Approve Investment For Baleine Phase 3 In Côte d'ivoire
5/25/2026
During a ceremony held today in Abidjan in the presence of the Minister of Mines, Petroleum and Energy of Côte d’Ivoire, Mamadou Sangafowa-Coulibaly, Eni and its partners Petroci and Vitol approved the final investment decision (FID) for the Baleine Phase 3 project, marking a significant milestone in the development of the largest hydrocarbon discovery ever made in the country.
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Strengthening National Energy Security, Elnusa Supports Pertamina EP Zone 4 In Increasing Production Through Workover Activities At 51 Wells
5/23/2026
Amidst global geopolitical dynamics, PT Elnusa Tbk (ELSA), part of Pertamina's Upstream Subholding, continues to demonstrate its capacity as an integrated energy service provider to strengthen national energy security.
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Equinor And Aker BP To Unlock More Value On The Norwegian Continental Shelf
5/21/2026
Equinor and Aker BP have agreed on a strategic collaboration aiming to increase future production and value creation across selected parts of their portfolios on the Norwegian Continental Shelf (NCS).
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Department Of The Interior Oil And Gas Lease Sale In New Mexico And Texas Generates Over $4B
5/20/2026
The Department of the Interior generated over $4B in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas, underscoring strong industry demand for domestic energy development on public lands.
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bp Signs Three Production Sharing Contracts In Indonesia
5/20/2026
bp and its partners signed three Production Sharing Contracts (PSC) in Indonesia, bringing bp’s total participation in oil and gas blocks in the country to 11.
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FID On Bourdon And Golfinho Wells Raising 2028 Production Target To Over 100 kbopd
5/20/2026
BW Energy has made final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2P reserves estimate is 68 million barrels of oil equivalents.
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Kimbell Royalty Partners, LP Announces $147M Permian Basin Mineral And Royalty Acquisition From Mesa Royalties
5/19/2026
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests ("acquired assets") from Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $147.0 million3, subject to purchase price adjustments and other customary closing adjustments (the "Acquisition").
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Viridien Launches Dense Multi-Client OBN Survey Across The Frigg Area Of The North Sea
5/18/2026
Building on the success of its ocean bottom node (OBN) surveys in the North Sea, Viridien has announced the commencement of a dense multi-client OBN survey covering 645 km2 in the Frigg area of the North Sea, straddling the UK and Norwegian sectors.