TotalEnergies Farms Out Nigerian Exploration Block
TotalEnergies signed an agreement to sell 40 percent in the OPL257 block offshore Nigeria to local player South Atlantic Petroleum, as the partners prepare to appraise the Egina South discovery.
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Big Oil Scores $56B Windfall on Spiking Fuel Prices
Big Oil reaped more than $50 billion in windfall profits.
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Oil Creeps Higher Amid Uncertainty Over USA Strategy in Iran
Oil climbed as traders gauged Washington's appetite for renewed military escalation against Iran.
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Exxon Plans $100B in Capex Through 2030, CEO Tells CNBC
ExxonMobil Holdings Corp. plans to invest more than $100 billion over the next few years to help augment global energy supplies, Chief Executive Officer Darren Woods told CNBC.
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BP Makes New Discovery offshore Brazil
BP announced a new hydrocarbon discovery in Brazil's Santos Basin, in the deepwater Tupinamba block.
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Chevron Exceeds Forecasts
Chevron Corp. surpassed analysts' estimates.
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Bodies Discovered After Rig Sinks Offshore Gabon
'An underwater remotely operated vehicle has located the bodies of three individuals', Borr Drilling revealed.
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Eni Reactivates 'Supergiant' Venezuelan Oilfield
Junin-5 restarted operations following the execution of the new license between Eni and Venezuela, under which the heavy oil field is planned to increase production to 200,000 barrels per day by 2028.
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Ineos Responds to UK Budget
The UK's Autumn Budget was described by global chemical company Ineos as 'a major missed opportunity to save British manufacturing'.
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Equinor Doubles Estimate for Afrodite Gas Discovery
An appraisal well showed that the Afrodite discovery near the Kvitebjorn field on Norway's side of the North Sea potentially holds 77-180 million barrels of oil equivalent recoverable natural gas and condensate.