trends

Apus Energy has entered West Africa’s offshore frontier in Guinea-Bissau. With high-impact drilling now underway, the company is set to bring fresh momentum and investor attention to one of the region’s most underexplored hydrocarbon basins.  […]

(Bloomberg) – Exxon Mobil Corp. is looking for opportunities to acquire smaller rivals, a year after buying Pioneer Natural Resources Co. for $60 billion, Chief Executive Officer Darren Woods said.  ExxonMobil CEO Darren […]

(Bloomberg) – Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded $4 billion, the venture said.  Kazakhstan previously sought to fine the Kashagan oil […]

SLB has acquired Stimline Digital AS, a leading cloud-based software company for the energy sector specializing in well intervention.  Stimline Digital’s IDEX™ platform provides operators with a powerful visualization canvas and collaborative environment […]

(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. posted better-than-expected results after record oil production cushioned the impact of lower crude prices.  Exxon pumped more oil than it has in any second quarter […]

EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.  bp Trinidad & Tobago Having […]

Pictured: the Upper Zakum field Oxford Flow, the flow control equipment specialist, has initiated commercial trials of its ES stemless control valve with ADNOC. The pilot is a result of Oxford Flow’s success as a […]

ADNOC Drilling has published its financial results for the second quarter (2Q) and first half (1H) of 2025, announcing record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and […]

SLB has launched the OnWave™ autonomous logging platform, a first-of-its-kind technology that enables more efficient and reliable acquisition of formation evaluation measurements in any well condition.  OnWave autonomously acquires multiple, high-fidelity measurements downhole, […]

Chevron has appointed John B. Hess to its Board of Directors, the company announced on Tuesday.  John B. Hess Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as […]