The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents. The Sakhalin regional court website lists a claim against Exxon Neftegaz Ltd, ExxonMobil's Russian subsidiary, by the General Prosecutor's Office, without giving further details…
Malaysia's state energy firm Petronas has signed an agreement with Iraya Energies to integrate agentic artificial intelligence capabilities into its myPROdata upstream data platform, aiming to accelerate the evaluation of exploration and production opportunities in Malaysia…
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures LCOc1 fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2…
2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacific region…
As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment…
Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…
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