Latest Headlines
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United States: TotalEnergies Enters 40 Chevron-Operated Exploration Blocks, Building On A Successful U.S. Offshore Partnership Between Both Companies
6/16/2025
TotalEnergies announces the acquisition of a 25% working interest in a portfolio of exploration leases Offshore U.S. from Chevron (operator).
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Chevron And Halliburton Enable Intelligent Hydraulic Fracturing
6/12/2025
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado.
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Perenco Congo Launches New Development Phase With Kombi 2 Platform
6/12/2025
Perenco Congo is pleased to confirm a major investment project with the construction of a new platform, Kombi 2. Kombi 2 is currently under construction at the Nieuwdorp shipyard (Netherlands) by Dixstone, a sister company of Perenco, which provides integrated solutions for the oil and gas industry.
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API Statement On Senate Energy And Natural Resources Committee Reconciliation Proposal
6/12/2025
American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the Senate Energy and Natural Resources Committee released its proposed markup of the 2025 reconciliation bill:
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KROHNE Dedicates Production Capacity And Establishes U.S. Center Of Excellence To Support Explosive Growth In AI-Driven Data Centers
6/12/2025
KROHNE, a global leader in the design and manufacture of high-quality magnetic flow meters (magmeters), announces a major commitment to the fast-growing data center sector by dedicating a significant portion of its annual production capacity to meet escalating demand.
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Baker Hughes Receives Award From Equinor To Industrialize Offshore Plug & Abandonment Operations In Oseberg East Field
6/11/2025
Baker Hughes (NASDAQ: BKR), an energy technology company, will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf.
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ADNOC Gas Takes Final Investment Decision And Awards $5B In Contracts For First Phase Of Its Rich Gas Development Project
6/10/2025
ADNOC Gas Plc and its subsidiaries (together referred to as “ADNOC Gas” or the “Company”), a world-class integrated gas processing and sales company, announced today it has taken a FID and awarded $5B in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment.
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Aquaterra Energy Wins Landmark Contracts For Northern Endurance Partnership, The UK's First Permitted Offshore Carbon Storage Project
6/10/2025
Aquaterra Energy, a leader in offshore engineering solutions, has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.
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EIA Expects Low Crude Oil Prices And Declining Rig Count To Affect U.S. Crude Oil Production Trends Through 2026
6/10/2025
The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to fall to near $60 per barrel by the end of the year and to average about $59 per barrel in 2026.
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ABB Wins Electrical And Automation Contract For Next Generation Of Petrobras FPSO Vessels
6/10/2025
ABB has been awarded a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras.