Current Headlines

  1. Equinor And Aker BP To Unlock More Value On The Norwegian Continental Shelf 5/21/2026

    Equinor and Aker BP have agreed on a strategic collaboration aiming to increase future production and value creation across selected parts of their portfolios on the Norwegian Continental Shelf (NCS).

  2. Department Of The Interior Oil And Gas Lease Sale In New Mexico And Texas Generates Over $4B 5/20/2026

    The Department of the Interior generated over $4B in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas, underscoring strong industry demand for domestic energy development on public lands.

  3. bp Signs Three Production Sharing Contracts In Indonesia 5/20/2026

    bp and its partners signed three Production Sharing Contracts (PSC) in Indonesia, bringing bp’s total participation in oil and gas blocks in the country to 11.

  4. FID On Bourdon And Golfinho Wells Raising 2028 Production Target To Over 100 kbopd 5/20/2026

    BW Energy has made final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2P reserves estimate is 68 million barrels of oil equivalents.

  5. Kimbell Royalty Partners, LP Announces $147M Permian Basin Mineral And Royalty Acquisition From Mesa Royalties 5/19/2026

    Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests ("acquired assets") from Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $147.0 million3, subject to purchase price adjustments and other customary closing adjustments (the "Acquisition").

  6. Viridien Launches Dense Multi-Client OBN Survey Across The Frigg Area Of The North Sea 5/18/2026

    Building on the success of its ocean bottom node (OBN) surveys in the North Sea, Viridien has announced the commencement of a dense multi-client OBN survey covering 645 km2 in the Frigg area of the North Sea, straddling the UK and Norwegian sectors.

  7. Repsol And Santos Reach First Oil At Pikka In Alaska 5/18/2026

    Repsol, together with Santos, has reached first oil at Pikka, on Alaska's North Slope in the United States, with oil flow established through the Lease Automated Custody Transfer (LACT) meter into the Pikka oil sales pipeline.

  8. Oil Sands Alliance Statement On Canada And Alberta Agreement 5/15/2026

    Today the Alberta and Canadian governments announced their bi-lateral agreement on the implementation of a revised industrial carbon tax and other matters related to their November 27, 2025 Memorandum of Understanding (the "MOU").

  9. Production From Davy Field Successfully Restarted 5/15/2026

    Perenco UK (PUK) is pleased to confirm that after more than five years since being shut-in, production from the Davy gas field in the Southern North Sea (SNS) has restarted.

  10. Interior Begins Process To Streamline Permitting In The National Petroleum Reserve In Alaska 5/15/2026

    Today, Secretary of the Interior Doug Burgum announced the start of a new effort to streamline permitting for oil and gas infrastructure in the approximately 23-million-acre National Petroleum Reserve in Alaska.