Equinor, Vår Energi, and Petoro have sanctioned a NOK 4 billion subsea tieback to bring the Isflak discovery onstream by late ...

The Permian Basin may hit its all-time production high this month, but instead of peaking, it is transitioning into a mature, ...

China’s state energy research chief warned that completing the Power of Siberia 2 pipeline could take up to a decade due to ...

The first lease sale for the Gulf of Mexico during President Trump’s second term drew bids worth close to $300 million, with ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

U.S. tanker seizure risks backfiring, with bipartisan warnings it could trigger conflict with Venezuela while offering no ...

The International Energy Agency has revised down its forecast for a record 2026 oil glut by 230,000 bpd, citing a halt in ...

Georgia background report raises red flags that a Russian oil shipment to Georgia may have been facilitated through a ...

Norway’s DNO is gearing up for its most ambitious drilling campaign in the Kurdistan Region in more than two years, ...

A shortage of supertankers is tightening the market and causing oil tanker charter rates to surge by 467% as new vessels race ...

China is set to begin commercial operations in the first half of 2026 at the Linglong One, the world’s first commercial ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...