Sunday, January 18, 2026

Oil And Gas Fields News

Syrian forces push deeper into the US-backed Kurdish controlled northeast

Officials and security sources reported on Sunday that Syrian government troops were pushing toward Raqqa in the northeast, which is the last stronghold of the U.S. supported autonomous Kurdish led administration.

Security sources claim that Syrian forces have seized major oil and gas fields in eastern Syria

Officials and security sources reported on Sunday that Syrian troops fighting U.S. Kurdish-led force seized the largest oil field in Syria, the Omar, as well as the Conoco gas fields in eastern Deir 'Zor province…

Equinor, a Norwegian company, awards ten-billion-dollar five-year contracts to suppliers

Equinor announced on Thursday that it had signed framework agreements with a group of suppliers worth 100 billion Norwegian crowns (9.93 billion dollars) for the maintenance and…

Equinor, a Norwegian oil company, awards 10 billion dollar contracts to suppliers

Equinor announced on Thursday that it had signed framework agreements worth '100 billion Norwegian crowns (9.93 billion dollars) with a group suppliers for the maintenance and modification…

What is the current status of international oil firms in Venezuela following Maduro’s capture?

Here are some key facts about the international oil companies operating in Venezuela. The country, which has the largest oil reserves in the world, is now in crisis following the capture of the President Nicolas Maduro.

Explainer: Status of Foreign Oil Companies in Venezuela After Maduro’s Arrest

© Mike Mareen / Adobe Stock

Here are some key facts about the international oil companies operating in Venezuela. The country, which has the largest oil reserves in the world, is now in crisis following the…

Document shows that Nigeria's NNPC is looking to sell stakes in certain oil and gas assets. It invites bids.

According to an invitation received on Monday, NNPC Limited (the state-owned energy firm of Nigeria, Africa's top oil producer) plans to sell stakes?in?some of its?oil and?gas _assets.

Norway loses an appeal over oilfield development

The Norwegian Court of Appeal ruled against the government and in favor of environmentalists on Friday, confirming the lower court's ruling that the approval by the Energy Ministry…

The IEA reports that the decline rates of global oil and gas fields are increasing.

International Energy Agency reported on Tuesday that the natural rate of decline for oil and gas production is increasing, due to a greater reliance on deep-ocean and shale resources.

Shell and others withdraw from global oil and gas emission standard, FT reports

The Financial Times reported that Shell and other major energy companies have given up their six-year effort to define a strategy for net zero emissions after they were told by…

Indonesia H1 oil production below target; gas output above target

Indonesian oil production in the first half of 2025 is 579,300 barrels per day and the gas production is 6,820 millions standard cubic feet per days (mmscfd), said the Chairman…

Exxon Signs Agreement With Azeri SOCAR to Explore Oil Production

© Adobe Stock/Robert - stock.adobe.com

Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields…

Turkey looks to regional energy expansion as Black Sea Gas output increases

Alparslan bayraktar, the Energy Minister, said that the daily production of natural gas in Turkey's flagship Sakarya Field, located on the Black Sea, has reached 9.5 million cubic meters.

NEO Energy and Repsol to Merge UK Oil and Gas Assets

(Credit: Repsol Resources UK)

NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent oil and gas companies under the name of NEO NEXT.Under the terms of the transaction…

CERAWEEK - IEA chief sees investment needed in existing oil and gas fields

Fatih Birol said that the International Energy Agency in Paris, which is headed by Fatih Birol himself, has a responsibility to invest in oil and natural gas fields for the sake of global energy security.

Iraq and BP agree on four Kirkuk oil fields

Iraq and oil giant BP signed a contract to redevelop Kirkuk's four oil and gas fields. BP announced the deal on Tuesday. This is a major breakthrough for Iraq where production has been hampered by war…

After Halliburton layoffs, the Argentine oil union has threatened to strike

The union of oil and gas workers in Argentina's oil rich Chubut province, which has hundreds of employees laid off by Halliburton and a local office closing, threatened to strike…

Russia's proposed gas pipeline to Iran

The Russian President Vladimir Putin announced on Friday plans to build a pipeline to Iran that will eventually transport up to 55 billion cubic meters (bcms) of gas per year into the West Asian nation.

Iraqi oil minister: Iraq and BP will sign Kirkuk oil deal in first week of February

Iraq and British oil giant BP will be signing a mammoth agreement covering four Kirkuk gas and oil fields by the 1st week of February. This was revealed by Oil Minister Hayan Abdul-Ghani during a trip to Britain.

Pharos Energy announces that licences for 2 Vietnam oil and gas fields have been extended until 2031/32

Pharos Energy, a UK-based oil & gas exploration company, announced on Friday that its two joint ventures operating in Vietnam had received approval from the local government to…