XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is in talks with Eni about potentially buying a stake in the Italian company's oil and gas business in Libya, two people familiar with the matter said.Negotiations…
Norway's combined oil and gas production missed an official forecast by 4% in September, data from the Norwegian Offshore Directorate (NOD) showed on Tuesday.Oil production was slightly ahead of projections while natural gas was lagging, the data showed…
Italian energy firm Eni will start drilling up to six development wells from November that will feed gas to its new Coral North floating liquefied natural gas platform offshore Mozambique, a senior executive told Reuters on Thursday.The project is on track to start production by 2028…
Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas.UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC…
Aker BP and partners Equinor and DNO have increased the estimated size of the Verdandi and Lillefix discoveries in the North Sea following an appraisal well that encountered both oil and gas.Preliminary estimates following drilling put the discoveries at between 1…
The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban.The EU currently supports a ban on new drilling in the Arctic…
Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday.'I think it should…
KERSHIP, a joint venture between PIRIOU and Naval Group, launched the PETAR NJEGOS I, the first of two OPV 60M offshore patrol vessels ordered by Montenegro, at its Lanester shipyard on Friday, September 11, 2026.The ceremony, marking a milestone in the program…
Turkey's state oil company TPAO plans to expand its cooperation with Azerbaijan's SOCAR to explore new offshore areas, including the Karabakh oil and gas field, Turkish Energy Minister Alparslan Bayraktar and TPAO CEO Can Ergin said.TPAO-SOCAR cooperation in Azerbaijan…
Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements.The MoUs cover blocks GH WB 3 and GH WB 8…
Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged vessel did not impact Egypt's gas market, Petroleum Minister Karim Badawi said…
Polish energy group Orlen aims to double production from its operations on the Norwegian continental shelf, one of its growth areas, through exploration and acquisitions, its upstream chief told Reuters.Wieslaw Prugar in an interview on the…
Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.Front-month Brent futures LCOc1 rose $1.04, or 1.24%, to $84.81 a barrel…
EU antitrust regulators have extended their deadline on whether to clear Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 by about three weeks, according to a European Commission filing.The Commission, which acts as the EU competition enforcer…
Jadestone Energy has brought the second well in its 2026 Malaysia infill drilling campaign onstream at 2,800 barrels of oil per day (bpd), extending the program that has increased production from the East Belumut field by more than 150%, or about 6…
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