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Oil and gas
Ovintiv Sells Anadarko Basin Oil and Gas Assets to Optimize Portfolio
Canadian energy company Ovintiv Inc. (NYSE: OVV) has entered into a definitive agreement to sell its oil and gas assets in the Anadarko Basin, Oklahoma, for $3 …
New Oil and Gas Resources Discovered in the Knockando Fensfjord Exploration Area in the North Sea Brage Region
Norwegian oil and gas operator OKEA and its partners recently made a new oil and gas discovery in the Knockando Fensfjord exploration area within the North Sea …
Harbour Energy to operate Zama oil project in Mexico
The Zama partners, encompassing Pemex, Grupo Carso, and Talos Energy, agreed to the appointment.UK based independent oil and gas company Harbour Energy has been…
Türkiye to launch offshore oil and gas exploration off Somalia
Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…
Oil&Gas Drilling
Turkey Seeks Agreement With Syria on Offshore Energy E&P
Turkey is planning to reach an agreement with the new government of Syria on maritime cooperation and offshore E&P, the nation's minister of energy said in …
Crude Oil
CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
On December 30, CNOOC announced that the cumulative oil and gas equivalent production of its offshore gas field cluster around Hainan Island in 2025 has exceede…
LNG
Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC
Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …
Oil&Gas Drilling
Norway’s November Oil and Gas Production Beats Forecast
Norway's combined oil and gas production in November exceeded the official forecast by 0.9%, according to preliminary data released by the Norwegian Offshor…
Crude Oil
China’s Largest Offshore Oilfield Reports Record Annual Oil, Gas Output
China National Offshore Oil Corporation (CNOOC) announced on December 21, 2025, that the Bohai Oilfield, the country's largest offshore oil and gas producti…
Oil Shale
Japanese Company Buys U.S. Shale Assets for $1.3 Billion
Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…
Canada
Mantel Scales up Molten-Borate Carbon Capture With Commercial-Scale FEED Study
Mantel Capture, a specialist in energy-efficient carbon capture solutions, has launched a front-end engineering design (FEED) study for a commercial-scale carbo…
Canada
Canada Unveils New Rules to Lower Oil and Gas Methane Emissions
Canada released new regulations on December 16, 2025, designed to significantly lower methane emissions from its oil and gas industry.These measures set a cours…
Oil Exploration
Oil Companies in Norway to Drill 18% Fewer Exploration Wells in 2026, Survey Shows
Norwegian oil and gas companies plan to drill approximately 37 exploration wells in 2026, an 18% reduction from the 45 wells completed this year, according to a…
Crude Oil
Turkmenistan Expands Oil Production at Uzynada Field
Turkmenistan’s Türkmennebit State Concern has achieved a substantial rise in hydrocarbon production at the Uzynada oil and gas condensate field, foll…
Oil Field
UK Eases North Sea Oil and Gas Licensing for Existing Fields
The UK Government has adjusted its North Sea oil and gas licensing policy in the latest Budget, allowing new production licences where activities are tied to ex…
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