Japan is preparing a major energy diversification strategy as the ongoing Middle East crisis exposes the risks of the country’s heavy dependence on oil and gas supplies from the region.The…
AlessandroAugust 26, 2026
Chevron has announced a new oil and gas condensate discovery offshore Angola, adding to its growing exploration momentum across Sub-Saharan Africa. The discovery was made by Chevron subsidiary Cabinda Gulf…
AlessandroAugust 22, 2026
ExxonMobil is stepping up its deepwater operations in Nigeria, deploying an ultra-deepwater drillship for the Usan Infill Project, which is expected to add up to 40,000 barrels per day to…
AlessandroAugust 20, 2026
Chevron has discovered oil and gas condensate at an exploration well offshore Angola, finding more than 90 meters of net pay in the Pinda reservoir. The discovery adds to Chevron’s…
AlessandroAugust 19, 2026
SLB is positioning itself to rapidly expand its Venezuela operations as the only major international oilfield services company currently active in the country, giving it a potential first-mover advantage as…
AlessandroAugust 19, 2026
Shell has suffered a major setback in its plans to explore for oil and gas off South Africa’s Wild Coast after the Constitutional Court overturned a Supreme Court of Appeal…
AlessandroAugust 18, 2026
Noble has secured a contract from ConocoPhillips Skandinavia for the Noble Interceptor jack-up rig offshore Norway.The contract is expected to begin in Q3 2027 and run for approximately 670 days.The…
AlessandroAugust 14, 2026
Iran has raised the stakes over the Strait of Hormuz, saying the critical waterway will remain closed until the United States ends the war and unfreezes Iranian funds held overseas.Mohsen…
AlessandroAugust 13, 2026
Virtual meeting of seven OPEC+ member countries—including Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman—agreed to implement a production quota increase of 188,000 barrels per day starting in September…
AlessandroAugust 4, 2026