Latest Headlines

  1. Expro Secures Contract With Woodside Energy For Trion Deepwater Project 7/14/2025

    Expro has been awarded a major three-year contract by Woodside Petróleo Operaciones de México, S. de R.L. de C.V. (Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico.

  2. Completion Of Perenco's Acquisition Of Oil & Gas Fields From Woodside Energy In Trinidad & Tobago 7/11/2025

    Perenco is delighted to confirm the completion of the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago.

  3. Rising Phoenix Capital Expands Midland Basin Position With Strategic Maroon Bells Fund Acquisition 7/11/2025

    Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland Basin.

  4. Mach Natural Resources LP Announces Transformative Acquisitions In The Permian Basin And San Juan Basin 7/10/2025

    Mach Natural Resources LP (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”), and another to acquire entities owning oil and gas assets managed by IKAV Energy Inc (collectively “IKAV San Juan”).

  5. Petro-Victory Energy Provides Update On The Conclusion Of Drilling The AND-5 Well In The 100% Owned Andorinha Field, Onshore, Brasil 7/9/2025

    Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or the "Company") is pleased to announce that the drilling operations for the AND-5 well, in partnership with Azevedo & Travassos Energia ("ATE"), located in the Andorinha Field, Potiguar Basin, Rio Grande do Norte, were successfully concluded.

  6. EIA Revises Crude Oil Price Forecast Amid Uncertainty And Volatility But Still Expects Prices Will Decrease 7/8/2025

    The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026.

  7. API Applauds Interior Action To Support Production On Federal Lands 7/7/2025

    American Petroleum Institute (API) Vice President of Upstream Policy Holly Hopkins released the following statement after the Department of the Interior announced a new commingling policy to safely increase production while enhancing resource conservation on federal lands.

  8. McDermott Awarded Offshore Contract By Brazil's BRAVA Energia 7/7/2025

    McDermott has been awarded a sizeable* offshore transportation and installation contract by BRAVA Energia, the most diversified independent oil and gas company in Brazil, for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.

  9. BP Announces Non-Executive Director Appointment 7/7/2025

    BP p.l.c. ("bp") today announced the appointment to its board of Simon Henry as a non-executive director with effect from 1 September 2025.

  10. bp And NOC Sign Mou To Explore Redevelopment Of Giant Libyan Oilfields And Unconventional Potential 7/7/2025

    bp has signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent areas, and to understand the wider unconventional oil and gas potential within the country.