Oil and Gas
Harbour Energy secures acquisition of LLOG for US$3.2 billion
The acquisition strengthens Harbour Energy's position in the U.S. offshore market and balances its geographic exposure.
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Oil and Gas
Petrobras’ P-79 FPSO platform arrives at Búzios field in Santos
Through this tactic, efficient training of the team is also achieved, thus accelerating the start of production.
Oil and Gas
New OFAC licenses enable oil investment in Venezuela
Washington authorizes contingent contracts and energy operations under strict conditions.
Oil and Gas
Russia to send Russian oil to Cuba in the midst of energy crisis
The Russian government will send oil and petroleum products to Cuba as humanitarian aid in the face of fuel shortages on the island.
Oil and Gas
EnQuest wins Cendramas PSC partnership in Malaysia
The LOA will become effective on September 23, 2026, following the signing of the Joint Operating Agreement and the PSC.
Oil and Gas
Aramco sets goal of 75% local content by 2030
The target of 75% localization by 2030 positions Aramco as the hub of Saudi industrialization.
Oil and Gas
PETRONAS Carigali adjusts Sabah stake and strengthens alliance with SMJ Energy
State-owned SMJ Energy takes 20% of the North Sabah block, strengthening its presence in East Malaysia's offshore resources.
Oil and Gas
OPEC forecasts a drop in demand for OPEC+ crude oil in the second quarter
OPEC anticipates a drop in demand for OPEC+ crude oil of 400,000 barrels per day during the second quarter of the year.
Oil and Gas
TotalEnergies reduces share buybacks after oil and gas slump
Repurchase declines to US$750 million in the first quarter while Q4 adjusted net income came in at US$3.8 billion.
Oil and Gas
U.S. eases sanctions and authorizes services to Venezuelan oil sector
Authorize energy transactions with PDVSA under specific legal conditions.
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