OTC Asia 2026

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      Ecopetrol-Petrobras Partner on Sirius Project in Colombia

      The state-owned energy company from Columbia, Ecopetrol, and the national oil company from Brazil, Petrobras, went ahead and announced a partnership on October 30...

      SM Energy and Civitas Resources Eye Merger Worth US$12.8bn

      SM Energy and Civitas Resources said that they will merge in a deal that is valued at around US$12.8 billion, including debt, thereby creating...

      Samsung C&T Awarded EPC Contract for CCS Project

      QatarEnergy has gone on to award Samsung C&T Corporation with the engineering, procurement, and construction – EPC contract for CCS project - carbon capture...

      EU Eyes Complete Withdrawal from Russian Oil and Gas Deals

      As the war in Ukraine is still on with no end in sight, and many are pointing out that the European dependence on Russian...

      Khor Mor Gas Field in Iraq to Increase Its Output by 50%

      Khor Mor gas field in Iraq, which happens to be the country's largest non-associated gas field, is all set to increase its output by...

      Oil and Gas Discovery in Orange Basin Offshore Namibia

      BP has confirmed, an oil and gas discovery in Orange Basin offshore Namibia where there happen to be supermajors who have made several major...

      OPEC+ Stresses that Oil and Gas Needs More Investment

      Haitham Al Ghais, the Secretary General of OPEC, reiterated, that oil and gas needs more investment, stating that oil will continue to account for...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

      Don’t Miss the Unconventional Resource Revolution’s Next Wave

      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...