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Vår Energi's Appraisal Well Confirms Barents Sea Oil Find

Nov 13, 2025

Vår Energi has confirmed its Zagato oil discovery in the Barents Sea following successful results from appraisal well 7122/8-4 S, drilled just north of the Goliat field.The well, located in production license 229, about 90 kilometers from Hammerfest…

BP Eyes Castrol Sale to Stonepeak Amid Portfolio Overhaul

Nov 13, 2025

BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in meeting the energy company's $20 billion divestment goal…

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