Current Headlines

  1. Treasury Sanctions Houthi-Linked Petroleum Smuggling And Sanctions Evasion Network 7/22/2025

    Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating two individuals and five entities that profit through money laundering and importing petroleum products into territory controlled by Ansarallah, commonly known as the Houthis.

  2. Global Natural Gas Demand Growth Set To Accelerate In 2026 As More LNG Supply Comes To Market 7/22/2025

    After slowdown this year as market tightness pushed up prices, looser balances appear on the horizon, although significant uncertainties remain.

  3. Albert Manifold Appointed BP p.l.c. Chair 7/21/2025

    BP p.l.c. (“bp”) today announces that it has appointed Albert Manifold to succeed Helge Lund as chair of the company.

  4. Vår Energi Makes Commercial Gas-Condensate Discovery Near The Fenja Field In The Norwegian Sea 7/21/2025

    Vår Energi announces a new commercial gas and condensate discovery in the Vidsyn exploration well, located close to the Vår Energi-operated Fenja field in the Norwegian Sea.

  5. Tenaris To Supply OCTG, Line Pipe And Coatings For Suriname's First Offshore Development 7/21/2025

    TotalEnergies has awarded Tenaris a contract to supply casing and tubing and Rig Direct services for the GranMorgu project , located about 150 kilometers off the coast of Suriname.

  6. Chevron Completes Acquisition Of Hess Corporation 7/18/2025

    Chevron Corporation announced today that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset.

  7. Subsea7 Awarded Contract Offshore Norway 7/17/2025

    Subsea7 today announced the award of a large contract by Equinor relating to the Fram Sør development project, offshore Norway.

  8. RRC Chairman Wright Applauds Department Of Interior's Reforms To Federal Orphaned Well Plugging Program 7/17/2025

    Railroad Commission of Texas Chairman Jim Wright issued the following statement regarding the announcement by the U.S. Department of the Interior to streamline and improve the federal Orphaned Wells State Formula Grant Program.

  9. Angola Oil & Gas (AOG) 2025 Panel To Assess Onshore, Shallow Water Prospects In Angola 7/16/2025

    Angola – one of Africa’s leading deepwater producers – is making a strong play for onshore exploration, leveraging its multi-year licensing strategy and flexible investment structures to entice new players to invest in onshore projects.

  10. SLB Completes Acquisition Of ChampionX 7/16/2025

    SLB announced today that it has closed its previously announced acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock in exchange for each ChampionX share.