Latest Headlines

  1. Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Steady Global Economic Outlook And Adjust Production 7/5/2025

    The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market conditions and outlook.

  2. Petro-Victory Energy Corp. And Azevedo & Travassos Energia S.A. Sign Binding Memorandum Of Understanding 7/4/2025

    Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or the "Company") and Azevedo & Travassos Energia S.A. ("ATE") are pleased to announce the signing of a binding memorandum of understanding on July 2, 2025 ("MOU") pursuant to which Petro-Victory and ATE intend to complete an arm's length business combination by the acquisition by ATE of all of the issued and outstanding common shares of the Company (the "Transaction").

  3. Longitude Secures 2nd Engineering Contract For Egypt's West Delta Deep Marine Concession Development 7/3/2025

    Independent engineering consultancy Longitude Engineering has been awarded a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main EPIC (Engineering, Procurement, Installation, and Commissioning) contractor for the Phase XI Deepwater Project of the West Delta Deep Marine (WDDM) concession.

  4. Seatrium Secures FSRU Conversion Contract From Kinetics, A Karpowership Initiative 7/3/2025

    Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce the award of a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by global floating power leader Karpowership.

  5. Venture Global Announces 20-Year Sales And Purchase Agreement With PETRONAS 7/3/2025

    Today, Venture Global, Inc. announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS.

  6. June Jobs Report: Energy Services Sector Navigates Economic Headwinds With Continued Focus On Stability 7/3/2025

    Today, the Energy Workforce & Technology Council (EWTC) released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty.

  7. DNO Secures North Sea Gas Offtake And Related USD 500 Million Financing Facility; Adds Arrows To Its Quiver 7/2/2025

    DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million.

  8. HCLTech And Equinor Expand Digital Collaboration 7/2/2025

    HCLTech, a global technology leader, and Equinor, Europe's largest energy supplier and a pioneer in renewables and low-carbon solutions, have expanded their IT collaboration to support the next phase of Equinor’s digital transformation.

  9. API Applauds Senate Passage Of Tax Legislation, Urges House To Act 7/1/2025

    American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the U.S. Senate passed the 2025 tax reconciliation bill

  10. CNRC Announces Change In Control, New Management And The Deployment Of The Cutting-Edge KUBERA™ Technology To Enhance Oil And Gas Detection And Exploration 7/1/2025

    Cunningham Natural Resources Corp (OTC: CNRC) ("CNRC" or the "Company") announced today that Aruna Holdings LLC has acquired an eighty percent (80%) ownership interest in CNRC.