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News Ticker
  • [ July 13, 2025 ] Trump hints at sanctions for Russian crude, oil prices go up News
  • [ July 12, 2025 ] Santos, Xecta deploy industry-first digital oilfield project across Australia, Papua New Guinea News
  • [ July 12, 2025 ] Russia plans to compensate for oil overproduction in August-September News
  • [ July 12, 2025 ] Perenco acquires Trinidad producing assets from Woodside Energy News
  • [ July 11, 2025 ] Gazprom, CNPC discuss future Russian gas supplies to China News
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Trump hints at sanctions for Russian crude, oil prices go up

(Bloomberg) – Oil gained Friday as traders braced for fresh U.S. efforts to crimp Russian energy exports.  West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump […]

News

Santos, Xecta deploy industry-first digital oilfield project across Australia, Papua New Guinea

Houston-based technology company Xecta has expanded its partnership with global energy company Santos to scale the deployment of the Integrated Production System Model (IPSM) across the company’s assets in Eastern Australia and Papua New Guinea. […]

News

Russia plans to compensate for oil overproduction in August-September

Novak was also quoted as saying that the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days. Russia has to compensate […]

News

Perenco acquires Trinidad producing assets from Woodside Energy

Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined […]

News

Gazprom, CNPC discuss future Russian gas supplies to China

Russia, the holder of world’s largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022. At the same time, Russia’s diversification […]

News

Proposed oil spill response will measure rate of evaporation

ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature, the company announced. The test method aims to measure the […]

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Activists demand constitutional review to tackle oil pollution

*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, November 25, 2021. Picture taken November 25, 2021. REUTERS/Temilade Adelaja – Strengthen climate […]

News

Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]

News

Golar LNG reaches COD at Greater Tortue Ahmeyim project

*Gimi FLNG vessel – Joins AEW 2025 as Gold Partner Cape Town, South Africa — Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement […]

News

OPEC trims oil demand for next four years, says no peak in sight

*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. – […]

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Recent News

  • Santos, Xecta deploy industry-first digital oilfield project across Australia, Papua New Guinea

    Santos, Xecta deploy industry-first digital oilfield project across Australia, Papua New Guinea

    July 12, 2025
  • Russia plans to compensate for oil overproduction in August-September

    Russia plans to compensate for oil overproduction in August-September

    July 12, 2025
  • Perenco acquires Trinidad producing assets from Woodside Energy

    Perenco acquires Trinidad producing assets from Woodside Energy

    July 12, 2025
  • Gazprom, CNPC discuss future Russian gas supplies to China

    Gazprom, CNPC discuss future Russian gas supplies to China

    July 11, 2025
  • Proposed oil spill response will measure rate of evaporation

    Proposed oil spill response will measure rate of evaporation

    July 11, 2025
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