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Halliburton announces fourth-quarter 2025 profit
During the quarter, the company's revenues amounted to US$5.7 billion, while adjusted operating margin rose to 15 %.
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Seadrill reactivates West Capella with 157 million contract in Malaysia
Offshore drilling company Seadrill Limited has announced the award of contracts for its West Capella, West Elara and West Carina vessels.
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Galp boosts upstream growth in Brazil and Namibia after restructuring
The refocusing on regions such as Brazil and Namibia is part of a strategy of geographic diversification and portfolio optimization.
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OGDCL reports oil and gas discovery in Baragzai X-01 within Nashpa block
The Baragzai X-01 well was able to extract 3,100 barrels of oil per day and 8.15 million cubic feet of gas.
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TotalEnergies holds solid Q4 2025 performance on refining strength and higher production
European refining margins surged more than 200%, helping offset weaker crude and LNG prices, while upstream volumes added resilience to operating cash flow.
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Harold Hamm halts drilling in Bakken on oil downturn
Harold Hamm suspends drilling in Bakken due to low oil profitability, a historic change for U.S. fracking.
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Harold Hamm halts Bakken operations due to drop in oil margins
Continental Resources slows down its Bakken activity due to falling crude oil prices. WTI hovers around USD 60 and marginalizes profitability.
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Brava Energia enters strongly into the Campos Basin after acquiring shares from Petronas
The company has formalized the purchase of 50% of the assets Tartaruga Verde and Module III of Espadarte, two offshore fields located in the prolific Campos…
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International companies explore adjustments to facilitate investments in Venezuela
Representatives of the energy sector are exploring legal and contractual adjustments that could unblock the entry of new oil investments.
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Mitsubishi announces sale of Haynesville shale gas assets
The volume produced is being evaluated for LNG shipments, especially to Japan, consolidating Haynesville's role as a strategic node in the global energy trade.
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Shell considers exit from al-Omar oilfield as U.S. firms explore opportunities in Syria
Shell considers withdrawing from al-Omar as Syria reopens its energy sector and US companies evaluate investments in the country's largest oil field.
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Shell and ExxonMobil abandon sale of U.K. gas assets to Viaro Energy
The cancellation of the deal underscores the increasing difficulty in closing strategic transactions in the gas sector in Europe.