Upstream
Shell and PetroChina approve new gas expansion in Australia
Arrow Energy will develop 143 wells in SGP Central to boost gas supply in Queensland with first production expected in 2028.
Latest Upstream News
Oil and Gas
Pikka First Cargo Carries 450,000 Barrels from Alaska
Pikka first cargo carries 450,000 barrels of crude from Alaska as Santos and Repsol advance Phase 1 toward its 80,000 bpd production target.
Oil and Gas
Aker BP Dry Well Marks Exploration Near Solveig
An Aker BP dry well marks the latest exploration near Solveig. Well 15/6-17 was drilled with Scarabeo 8 in the Norwegian North Sea.
Upstream
Noble Interceptor secures ConocoPhillips contract for Norwegian wells
Noble Interceptor will execute a 670-day campaign to plug and abandon ConocoPhillips wells in Greater Ekofisk.
Upstream
Katambi-2 strengthens the non-associated gas potential in Angola
Katambi-2 confirms high-quality non-associated gas deposits in Angola with a potential exceeding 100 million cubic feet per day.
Oil and Gas
DOE Keeps $215.5 Million Available in Oil and Gas Funding
DOE keeps $215.5 million in oil and gas funding available through two programs supporting production, infrastructure, recovery, and produced water technologies.
Oil and Gas
ConocoPhillips doubles profits while advancing in Iraq, Syria, and LNG
ConocoPhillips doubled its second-quarter 2026 profits while advancing in Iraq and Syria and strengthening its position in the global LNG market.
Upstream
AGR and THF accelerate well projects with AI engineering
AGR and THF integrate engineering with AI to optimize planning, reduce operational risks and accelerate the execution of well projects.
Oil and Gas
Calypso gas project comes under bp’s full control in Trinidad
bp will take full control of the Calypso gas project after acquiring Woodside’s stake, strengthening its position in Trinidad and Tobago’s natural gas market.
Oil and Gas
Rosebank project regains momentum as Deepsea Atlantic returns
The Rosebank project regains momentum with the return of the Deepsea Atlantic, although the BOP incident could delay its offshore development.
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