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Origin Energy, Australia's energy company, beats its annual profit expectations on the energy market gains
Australia's?Origin Energy reported a?full year underlying profit on Thursday that was slightly above analysts' expectations. The second largest power producer in the country reported an underlying profit for the year ended June 30 of A$1.16 Billion ($818.96 Million), below the A$1.49…
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Japan protests when Putin visits the islands claimed by Japan for the first time
Russian media reported that Russian President Vladimir Putin had visited Iturup. It is a Japanese-claimed island near Hokkaido at the end Kuril chain. Moscow and Tokyo did not sign a formal peace treaty after World War Two because the major obstacle was an unresolved territorial dispute…
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BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase, according to the British company's and government officials' announcements on Thursday.The agreement was signed in Caracas…
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Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday, a'setback' for the oil giant after years of legal challenges from local communities and environmentalists. This ruling is just the latest in a long line of…
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Brazil's Petrobras finds hydrocarbons in Foz do Amazonas basin
Petrobras, Brazil's state-run oil firm, announced on Friday that it had found hydrocarbons in an exploratory well located off the coast of the Atlantic Ocean near the Foz do Amazonas Basin. In a filing with the Securities and Exchange Commission, the company said that drilling operations are still underway in this environmentally sensitive area.
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Filings show that billionaire Peter Thiel has bought a 1% stake in the Argentine Vaca Muerta Oil firm.
According to a filing with the U.S. Securities and Exchange Commission, Peter Thiel, Palantir's chair and cofounder, has…
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Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks.
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Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks.
Latest news
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Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks.
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Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks.
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Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks.
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Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday…
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Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday…
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Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday…
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Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday…
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Governor says drone attacks cause fires at the Russian energy export port Ust-Luga
On Friday, firefighter battled a blaze at Russia's Baltic Sea port Ust-Luga - a major hub for energy exports - after a fire…
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BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence…
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BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence…
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BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence…
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US offers 81 million acres of Gulf of Mexico oil leases
The Trump Administration will on Wednesday offer oil and gas drilling companies more than 81 million acres (32,8 million hectares)…
Exploration
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The mines minister of Guinea has announced that Nimba will sell bauxite via monthly tenders.
Guinea's?Nimba?Mining Company, a state-owned company, will sell its bauxite in monthly auctions that are open to international traders and miners.
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BP sells 20% stake in Manakin Gas Field to Trinidad's NGC
BP announced on Monday that it had agreed to sell a 20 percent stake to the state-owned National Gas Company of Trinidad…
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Sources say that Glencore's exposure in Radiant World is more than $500 Million.
Radiant World is a company that Glencore, the London-listed miner and trader, has stopped doing business with. The exposure…
Drilling
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Baker Hughes: US energy companies leave rig count unchanged for the latest week
?U.S. Energy firms have left the total rig count unchanged for the last week, according to a closely watched report by energy…
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BP will acquire Woodside's Calypso stake
BP announced on Thursday that it had agreed to 'acquire' Woodside Energy, based in Australia, 70% of its interest in the…
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Fars News Agency reports that Iran's state oil company has frozen its bank accounts due to debt.
A state-owned lender has frozen the National Iranian Oil Company’s bank accounts due to mounting debts, according to the…
Production
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Andy O'Brien: the insider who will lead ConocoPhillips
ConocoPhillips named Andy O'Brien, finance chief, as its new CEO on Thursday. He succeeds?Ryan Lance who will move to the…
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Canadian Natural raises production outlook, beats quarterly profit estimates on higher crude prices
Canadian Natural Resources raised its full-year production forecast on Thursday for the second time in a row. It also beat…
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The war-fueled oil rally is expected to boost shale profit to the highest level since 2022
?U.S. After the 'Iran war' sent crude prices soaring, analysts expect shale producers to report their highest quarterly?profits in 2022.
