Upstream
Chevron Secures License to Study Malta’s Offshore Areas
Chevron will evaluate four offshore areas in Malta through geological and geophysical studies based on existing data.
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
Geliga-1 confirms Eni’s gas potential in Indonesia
Geliga-1 confirms high gas and condensate productivity in the Kutei Basin, with accelerated development under evaluation.
Upstream
Mexico Enters Controlled Upstream Decline Amid Sharp Drop in Drilling
The combination of reduced exploration, natural depletion, and operational delays suggests a downward trend could consolidate in the medium term.
Upstream
Viridien initiated the CDI25 seismic project in the Tano basin
The project will expand offshore seismic reconstruction in Ivory Coast with drill-ready 3D data.
Upstream
INEOS and Shell advance new oil and gas opportunities in the Gulf of Mexico
INEOS acquires 21% in offshore opportunities linked to Appomattox to expand its upstream portfolio.
Upstream
SLB acquires S&P Global Energy: Lumi™ and Tela™ enter shale formation
S&P Global upstream software acquisition by SLB is capturing the world's densest unconventional geoscience dataset
Upstream
Block Energy enters Gabon’s offshore oil sector with 2 PSCs
The company is committed to expanding in West Africa with its entry into the Gabon offshore market, incorporating assets with discovered oil and high…
Oil and Gas
United Arab Emirates redefines its strategy after leaving OPEC
The United Arab Emirates' departure from OPEC marks a shift in its foreign policy as it reviews its international alliances without anticipating further withdrawals.
Upstream
New South Wales restarts gas exploration after a decade
The Australian state opens new areas and reduces tariffs to boost gas exploration amid energy supply risks.
Upstream
Oil rigs in Venezuela reactivated for new contracts
Service companies evaluate and repair stored oil rigs to meet new drilling plans in Venezuela.
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