When the market opened after the initial strike on Iran, oil prices traded $75/bbl on the Open, a $7/bbl jump from Friday’s High, indicating a higher risk premium as the ...

The rig count in Canada is down 9 rigs to 205 working for the week. In the US, a 1-rig increase brought the rig count to 551.

The Nigerian government and Eni have divided a major offshore license into four parts, ending a prolonged dispute and enabling development of key deepwater resources, ...

Under terms of the agreement, GEPetrol increases its stake in the project to 32.55% from 5%. Chevron and the Ministry of Hydrocarbons and Mining Development of the Republic of Equatorial Guinea signed ...

The deal moves Argentina into long-term LNG exports, with plans to produce up to 6 million tpy from offshore floating liquefaction units, primarily sourcing gas from Vaca ...

Harbour Energy updates its 2026 guidance, incorporating recent acquisitions, with expected production of 475,000-500,000 boe/d and capital expenditure of up to $2.4 billion, ...

The project combines Equinor's regional expertise and infrastructure with Wellesley's exploration and HPHT drilling experience, aiming to mature prospects efficiently within ...

Occidental Petroleum subsidiary Oxy Low Carbon Ventures has acquired Holocene Climate Corp., Knoxville, Tenn. Holocene holds liquid, low-temperature direct air capture (DAC) technology that Occidental ...

Perenco UK concluded the UK’s first carbon dioxide (CO 2) injection test for carbon capture and storage (CCS) at Project Poseidon in the UK’s Southern North Sea (SNS). The company said the operation ...

This compilation highlights news, insights, and updates from Oil & Gas Journal and Offshore, both EndeavorB2B brands, concerning the war in Iran.

Oilfield modernization strategies can help you leverage the benefits of digital technology for operational excellence.

Navigating challenges in oil and gas. Across the oil and gas industry, common challenges span the value chain — such as regulatory compliance, operational eff ...