Latest Headlines

1. 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.

2. 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).

3. 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.

4. 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.

5. 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.

6. Chevron Expands Position In Venezuela 9/2/2026

   Chevron Corporation today announced agreements with Venezuela that establish updated terms for its joint ventures, supporting future investment, project development and production growth in the country.

7. Santos Achieves Significant Milestone At Pikka Oil Project, Advancing Ramp-Up To Plateau Production 9/2/2026

   Santos today announced the successful commencement of seawater injection at the Nanushuk Drillsite-B (NDB) of the Pikka oil project on Alaska’s North Slope. On-specification water export from the seawater treatment plant began on 18 August, building inventory across the approximately 75-kilometre seawater pipeline connecting the Beaufort Sea to the Pikka project site.

8. Viridien Launches Onshore Sabah Multi-Client Prospectivity Study In Malaysia 9/1/2026

   Viridien, in collaboration with PETRONAS, through Malaysia Petroleum Management (MPM), has commenced an 18-month multi-client Integrated Prospectivity and Subsurface Study (IPSS) covering the onshore Sabah region, Malaysia.

9. Horizon Petroleum Reaches Critical Milestone At The Lachowice 7 Well Workover 9/1/2026

   Horizon Petroleum Ltd. ("Horizon" or the "Company") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) is pleased to announce that, further to its press release dated August 12, 2026, its wholly owned Polish subsidiary, Energia Karpaty Zachodnie sp.z.o.o. ("EKZ"), has successfully completed the milling and fishing operations at the Lachowice 7 ("L7") well in southern Poland.

10. Update On EG-08 Farm-Out Agreement 9/1/2026

    Europa Oil & Gas (Holdings) plc, the AIM quoted West Africa, UK and Ireland focused oil and gas exploration, development and production company, provides an update regarding the binding Farmout Agreement (“FOA”) signed by its associated company, Antler Global Limited (“Antler”) and Fuhai (Beijing) Energy Limited ("Fuhai"), a wholly owned subsidiary company of the privately owned Fuhai Group New Energy Holding Co., Ltd ("Fuhai Holding") to farm-out a 40% interest in the EG-08 production sharing contract ("PSC") in offshore Equatorial Guinea.