Option being considered in effort to persuade Iran to re-open Strait of Hormuz, according to a US news outlet Upstream ...

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Norway's crude production surged 15.3% in February year-on-year, beating forecasts by the Norwegian Offshore Directorate (NOD ...

Workers at Shell's Bacton Gas Terminal in the UK have extended strike action into a sixth month following service company Altrad’s failure to renegotiate their pay deal. Altrad employees voted to ...

Safaniyah has production capacity that exceeds 1.3 million barrels per day and hosts more than 30 billion barrels of proven ...

Oil prices rose Friday as the US reportedly was set to send thousands of troops to the Middle East as its war with Iran approached the three-week mark. Front-month futures for Brent settled at US$111.

BP has decided to establish a new global headquarters in London, a move that will see the supermajor quit its 1 St James's Square office which it has occupied since 2001. The company, chaired by ...

Subsea7 posted what will likely be its final annual report as a standalone company on Friday, due to its forthcoming merger with Saipem. The Norwegian offshore engineering company said it improved its ...

The Canadian province of Newfoundland & Labrador will launch a new offshore bid round this June in the hope that the outcome will be far more positive than its most recent licensing effort, which was ...

The Chinese government has appointed senior oil industry executive Huang Yongzhang as chief executive and president of China National Offshore Oil Corporation (CNOOC). Yongzhang replaces Zhou Xinhuai, ...

Lukoil swings to steep net loss in 2025 as result of write-off, with international subsidiary valued “close to zero” ...

The Pearl GTL plant was struck on Wednesday as part of a wave of Iranian retaliation attacks against Middle East oil and gas facilities ...