A global exploration company’s decision to cease its search for new gas supply in Victoria’s Otway Basin is a major blow to ...

Interocean Marine Services (Interocean), has announced it will receive ABS and DNV approval for ultrasonic thickness ...

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, reports Reuters.

The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.

OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...

Hurricane Helene is the strongest hurricane to make landfall in the US this hurricane season. The other three named storms that made landfall so far this hurricane season (Beryl, Debby, and Francine) ...

The US Bureau of Safety and Environmental Enforcement (BSEE) has estimated that almost 30% of Gulf of Mexico oil activities are now shut-in as the body’s Hurricane Response Team continues to monitor ...

According to several US news outlets, analysts had expected a drop of just over 1 million bbl. For the prior week, the trade association for the oil and natural gas industry reported an increase of ...

Trinidad and Tobago has named Shell as the preferred bidder for a coveted shallow water block, reported Reuters, citing sources. The decision comes as the nation seeks to revitalise its LNG and ...

State-backed oil company Saudi Aramco has been forced to raise US$3 billion (SR11.25 billion) from Islamic bonds in order to pay dividends to the government in Saudi Arabia. At the same time, the ...