OTC Asia 2026

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      First Oil by Chevron at its Offshore Platform in Angola

      Chevron went ahead and produced first oil at its South N’dola offshore platform in Angola, which is indeed quite a major step reached slightly over...

      ConocoPhillips Australia Starts New Otway Basin Drilling

      ConocoPhillips Australia - COPA which is a subsidiary of ConocoPhillips, the U.S.-headquartered energy giant has gone ahead and kicked off the drilling activities off Australia coast...

      Australia Plans on a Domestic Gas Reservation Scheme

      The federal government in Australia has gone ahead and unveiled a potential national domestic gas reservation scheme, wherein the gas exporters are going to...

      New Oilfield in the Bohai Sea Discovered by CNOOC from China

      China’s top offshore crude oil and natural gas producer, CNOOC Ltd., has gone ahead and announced the discovery of a major new oilfield in the Bohai...

      December Oil And Gas Revenues of Russia to Dip Almost 50%

      Falling oil prices along with the strengthening of the Russian currency are all set to slash the oil and gas revenues of Russia by...

      West Texas Intermediate Crude Trades Below Due to Oversupply

      West Texas Intermediate crude went on to trade sharply lower through December 12, 2025, settling at $57.60 per barrel and also posting a week-to-date...

      Chevron Oil and Gas Investments Define 2026 Capital Strategy

      Chevron has laid out its 2026 capital program, built largely around its core oil and gas investments, with an organic budget of $18 to...

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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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...