Press Releases

INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development...

TechnipFMC has been awarded a significant engineering, procurement, construction and installation (EPCI) contract by Shell plc for the Jackdaw development, located...

PETRONAS announced a gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about...

Russia’s Lukoil has reaffirmed its plan to start development drilling at the Grayfera oilfield in Russia’s Caspian Sea waters before...

Greenfield investments in Angola and other leading and emerging hydrocarbon producing countries in Africa will help increase cumulative capital expenditure...

Neptune Energy and its partners discovered up to 24 million recoverable barrels of oil equivalent at the Hamlet exploration wells...

Baker Hughes, an energy technology company, has launched a new subsea wellhead technology, the MS-2 Annulus Seal, to save substantial...

South Sudan is taking steps to take over the operations of international oil companies in the country to increase its...

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response...

Guyana has started talks with U.S. Exxon Mobil Corp to build a more than 120-mile (190-km) natural gas pipeline from...