Oil and Gas
Canadian Oil Sands Gain Attractiveness Amid Rising Costs in the Permian Basin
Alberta oil sands improve their competitiveness through lower costs and strong heavy crude demand.
Latest Energy News
Oil and Gas
Oil prices rise due to uncertainty surrounding Iran and the IEA’s warning.
The oil market reacts to uncertainty about Iran despite the IEA's oversupply forecasts.
Oil and Gas
BP Launches Sale of Stakes in Kaskida and Tiber Offshore Projects
Two major oil projects in the Gulf of Mexico, Kaskida and Tiber, its main oil developments with production expected by the end of the…
Oil and Gas
Equinor abandons its 2030 renewable energy target and prioritizes oil and gas
Equinor revised its energy strategy and eliminated its renewable capacity target planned for 2030.
Wind Energy
Siemens Energy and NSORe to build offshore converter system for 50Hertz
Germany boosts local manufacturing of 2 GW offshore platforms with the construction of an offshore converter platform and a station to integrate offshore wind…
Oil and Gas
Equinor drills a dry well beneath the Heidrun field in the Norwegian Sea
The exploratory well 6507/8-D-4 CH confirmed the absence of hydrocarbons at deep levels of the Heidrun field.
Wind Energy
Shell plans to sell wind farms for $1 billion
Energy exploration and liquefied natural gas are part of its business plan to reinforce its LNG strategy
Upstream
Blackrod Phase 1 begins production and targets 30,000 bopd
Blackrod Phase 1 began production in Alberta and projects reaching 30,000 barrels per day, consolidating itself as a strategic Canadian upstream asset.
Oil and Gas
The IEA forecasts an oil surplus in 2027 after the reopening of the Strait of Hormuz
The IEA projects an oil oversupply in 2027 driven by the gradual recovery of the Middle East and Hormuz.
Oil and Gas
Texas Power Generation Hub to drive new natural gas demand
Texas Power Generation Hub projects 5.2 GW of power generation and accelerates strategic investments in natural gas and energy infrastructure.
Energy's Industry Voices & Event Coverage
Eddyfi redefines non-destructive testing with sensors and robotics
OSRL 2025 consolidates technical cooperation in spill preparedness
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