Petrobras lets subsea vessel contract for work offshore Brazil
AKOFS Offshore secured the contract to operate the Aker Wayfarer
US BOEM to hold third Gulf of Mexico lease sale in August
Scheduled for August 2026, the sale will provide opportunities for
SCOTUS limits presidential tariff authority, injecting new oil and gas industry uncertainty
Experts suggest the ruling will force the Trump administration to
EIA: US crude inventories down 9 million bbl
At 419.8 million bbl, US crude oil inventories are about
Caturus Energy advances LNG business through $950-million asset deal with SM Energy
The acquisition of Galvan Ranch assets will expand Caturus Energy's
Iraq adds new refining capacity, advances Euro 5 fuels production
Iraq's Ministry of Oil has commissioned new refinery projects, increasing
Vista Energy increases reserves by 57% and production by 59% in 2025
Vista Energy increased reserves and production through acquisitions and new
ADNOC’s XRG to acquire equity stake in Southern Gas Corridor
ADNOC's XRG is strengthening its international presence by acquiring a
IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices
Oil prices surged in early 2026 due to supply disruptions
EIA: US crude inventories up 8.5 million bbl
At 428.8 million bbl, US crude oil inventories are about