OTC Asia 2026

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      Valero Energy sees $1.86 billion tax benefit

      Valero Energy Corp. VLO, -0.69% reported results for the fourth quarter before the market opening Thursday. Here's what you need to know: PROFIT: Net income...

      Equinor completes acquisition of the UK Rosebank project

      Norwegian energy giant Equinor has completed its transaction with Chevron Corporation, acquiring Chevron’s 40% operated interest in the Rosebank project, offshore UK. Equinor announced the...

      Timimoun Natural Gas Project, Algeria

      The Timimoun natural gas project is located between the towns of Timimoun and Adrar in the south-western part of Algeria - the world's biggest...

      Disouq Development Project, Egypt

      Disouq concession is located in the gas rich Nile Delta region of Egypt. It is 100% owned and operated by RWE Dea.   First...

      McDermott Installs Tension Leg Wellhead Platform Off Brazil

        McDermott International, Inc. installed the P-61 Tension Leg Wellhead Platform (TLWP) off Brazil for the PPT BV joint venture, consisting of Petrobras...

      Malikai Deepwater Oilfield Project, Malaysia

      Malikai oilfield is located approximately 100km off the coast of Sabah, Malaysia, in water depths of up to 500m within Block G of the...

      Barzan Gas Project, North Field, Qatar

      Involving both offshore and onshore developments, Barzan Gas Project is a vital project expected to sustain and fuel the ongoing and future major infrastructural...

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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...