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TotalEnergies, TPAO to Explore Black Sea for Hydrocarbons

Apr 13, 2026

TotalEnergies has signed a preliminary agreement with Turkish state-owned energy company TPAO to explore the country's Black Sea waters for hydrocarbons, the French oil major said on Monday, nearly three years after pulling out of a gas exploration project in the sea's Bulgarian waters…

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

Apr 10, 2026

Petrobras has signed agreements with Petronas Petróleo Brasil to acquire the remaining 50% stakes in the Tartaruga Verde and Espadarte Module III fields offshore Brazil.The fields are located in the Campos Basin, where Petrobras will regain…

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Apr 10, 2026

Malaysia’s Petra Energy has secured work orders worth $75 million (RM 298 million) for services linked to a gas project in Sarawak, Malaysia.The contracts were awarded to Petra Resources, a subsidiary of Petra Energy, by Petronas Carigali under an existing pan-Malaysia offshore services agreement…

Current News

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ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

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Russia will impose duties on certain diamond exports in this year
South Africa increases steel import duties in order to protect struggling local industry
Bloomberg News reports that Indonesia is planning to tighten its state control on commodity exports.
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