OTC Asia 2026

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      EU Members Back Energy Windfall Tax, Clash On Gas Price Cap

      The member states of the European Union will get together to approve emergency taxes on energy companies' windfall profits and start talking about their...

      Abu Dhabi To Get Its First Subsea HVDC Transmission System

      Abu Dhabi and a Japanese, French, and Korean consortium have agreed to a $3.8 billion deal to use an undersea high voltage direct current...

      Oil Surges On U.S Gulf Supply Restrictions, Weaker Currency

      On September 27th, more than 1% increase in oil prices from the previous day's nine-month low, helped by supply restraints in the US Gulf...

      DEME, Van Oord selected for Australia’s Darwin Pipeline Duplication Project

      Offshore services firm Allseas has awarded a contract to a joint venture of marine contractor DEME and Van Oord to support the Darwin Pipeline...

      Marathon Petroleum and Neste form JV for renewable fuels project in US

      US-based Marathon Petroleum and Finnish oil refiner Neste have finalised a transaction to become equal partners in Marathon’s Martinez Renewable Fuels project in California,...

      Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen

      Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in a deal worth $1.1bn,...

      OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well

      Austria’s oil and gas company OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North Sea but, due to...

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

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