Oil and Gas
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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Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
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…
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
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.
Oil and Gas
SOCAR begins supplying Azerbaijani gas to Austria and Germany
The expansion of the Southern Gas Corridor brings the number of buyer countries to 16 and strengthens Azerbaijan's role as a reliable energy supplier…
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