LATEST HEADLINES

• bp Welcomes Shell Into Exploration Prospects In Brazil And Gulf Of America

  9/2/2026

  bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30% stake in five leases containing the Conifer exploration prospect in the deepwater Gulf of America Paleogene.

• Woodside And PEMEX Sign MOU To Expand Strategic Partnership In Mexico

  9/2/2026

  Woodside Energy announced today that it had signed a non-binding Memorandum of Understanding (MOU) with Petróleos Mexicanos (PEMEX).

• Indonesia Energy Discovers Oil At K-29 Well

  9/2/2026

  Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that IEC has discovered good quality oil during testing operations at the newly drilled K-29 well at Kruh Block.

• Eni Signs Strategic Contract In Venezuela And Becomes Operator Of The Super Giant Junín-5 Oil Field

  9/2/2026

  In the presence of the Acting President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, during the visit to Venezuela by U.S. Secretary of Energy Chris Wright, and in the presence of the Venezuelan Minister of Hydrocarbons, Paula Henao, the Chief Executive Officer of the state-owned company PDVSA, Héctor Obregón, and Eni Chief Executive Officer Claudio Descalzi, Eni and PDVSA signed the “Contrato de Participación Productiva de Hidrocarburos” (CPPH) relating to the development of the Junín 5 giant oil field, located onshore in the Orinoco Belt.

• Subsea7 Awarded Contract Offshore US

  9/2/2026

  Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced a sizeable1 contract award from LLOG Exploration Company LLC (a subsidiary of Harbour Energy) for the Who Dat East development in the US Gulf.