
ExxonMobil and Chevron have joined their European counterparts in posting quarterly results affected by a global plunge in gas prices.

Equinor has secured a drilling permit from the country’s authorities for two exploration wells in the North Sea off the coast of Norway.

TotalEnergies is anticipating a longer testing program and commissioning plan for the achievement of full technical capacity at its gas project in the Danish sector of the North Sea.

Perenco has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will acquire from Petrobras.

BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.

Earthjustice, a nonprofit environmental law organization, is preparing once again to fight tooth and nail to overthrow a Trump-era allowance in court.

Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.

Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.

ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.

Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.

Mitsubishi Heavy Industries (MHI) has commenced the operation of a test module of the solid oxide electrolysis cell (SOEC) at Takasago Hydrogen Park.

Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.

Afentra plc has received the Angolan government’s blessing for its acquisition of additional interest in two blocks off the coast of Angola.