Upstream
Chevron shuts down the Petronius platform ahead of tropical storm in the Gulf of Mexico
Chevron suspended Petronius and evacuated its workers as a tropical storm advanced in the Gulf of Mexico.
Upstream focuses on the first stage of the energy value chain, where exploration, drilling and production define the development of hydrocarbon resources. This section covers news on field discoveries, drilling campaigns, production projects, reservoir activity and the technical and financial decisions shaping upstream operations.
Coverage includes new exploration programs, offshore and onshore developments, production expansion, investment announcements and technological advances aimed at improving efficiency, recovery and operational performance. It also highlights regulatory frameworks, partnerships and strategic moves influencing resource development in key regions.
Through these stories, Upstream tracks the assets, operators and production initiatives shaping the supply base of the global oil and gas industry.
Latest Upstream News
Upstream
Burnham prepares a shift on oil and gas drilling in the North Sea
Burnham considers backing Rosebank and Jackdaw to expand UK offshore oil and gas production.
Upstream
ConocoPhillips acquires 42% of BP’s project in Kirkuk
The US oil company will enter the Kirkuk fields through a 42% stake in BP's subsidiary.
Upstream
Halliburton wins LSTK contracts from Aramco for 285 onshore wells
Halliburton will manage 285 of Aramco's onshore wells through LSTK contracts with an initial term of three years.
Upstream
North Sea offshore projects gain momentum
The United Kingdom reconsiders North Sea offshore projects such as Rosebank and Jackdaw to strengthen production, investment, and energy security.
Upstream
Tetragon Energy strengthens offshore exploration with seismic surveys in the Philippines
Tetragon Energy will reprocess over 4,000 km² of seismic data to evaluate its offshore permits in the Philippines.
Upstream
Horizontal wells over 3.5 miles long drive a new stage in the Permian
Long-distance horizontal wells are transforming Permian development through ultra-long laterals, new engineering designs, and greater operational efficiency.
Upstream
U.S. Oil Labor Market Enters a Stabilization Phase
The U.S. oil labor market enters a stabilization phase as operational efficiency, automation, and the dynamism of Texas redefine upstream employment.
Upstream
Aramco awards Halliburton contract to develop unconventional gas
Halliburton will deploy smart fracturing technologies to support Aramco's unconventional gas development in Jafurah.
Upstream
North American drilling activity breaks an eight-week growth streak
In recent years, the industry has managed to increase productivity through higher-capacity rigs, horizontal drilling, automation, advanced data analytics, and continuous improvements in operational…
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