trends

Ecopetrol S.A. has initiated a joint plan to determine the best alternative to ensure the continuity of the projects in the Southern Caribbean following Shell’s decision to withdraw from its offshore assets in said region. […]

Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus’ release of Investor Analytics, a […]

(Bloomberg) — Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S. license that allows the world’s largest independent oil trader to do business in the sanctioned nation. […]

The American Association of Petroleum Geologists (AAPG) is pleased to announce that Thomas Wilker has been appointed as its new executive director. A longstanding member of AAPG, the Society of Exploration Geophysicists (SEG), and the […]

(Bloomberg) — Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. The move will slice […]

Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system […]

ExxonMobil on Wednesday announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (Mmtpa) of […]

Weatherford has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) company developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy […]

BW Energy announced that its second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu License offshore Gabon. Management estimates indicate […]