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Eni Posts 35% Jump in Profit, Tops Expectations

Feb 26, 2026

Italian energy group Eni beat forecasts on Thursday with a 35% year-on-year jump in fourth-quarter adjusted earnings, driven by a strong performance in its exploration and production division and improved refining results.Adjusted net profit came in at 1…

Petrobras Awards Acteon Mooring Services Contract

Feb 25, 2026

Intermoor, Acteon’s Moorings and Anchors business been awarded a new contract by Petrobras for the provision of stack-up mooring system services in Brazil.This work will support light-workover interventions and abandonment operations on installed…

Panoro Expands Equatorial Guinea Footprint with Kosmos Deal

Feb 25, 2026

Oslo-listed oil and gas company Panoro Energy has agreed to acquire an additional 40.375% non-operated interest in Block G offshore Equatorial Guinea from Kosmos Energy for an initial cash consideration of $180 million, and additional contingent payments of up to $39…

Saipem Confirms Growth Trajectory

Feb 24, 2026

Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation…

Kuwaiti National Oil Firm in Talks with Global Funds Over $7B Pipeline Stake Sale

Feb 24, 2026

National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over a $7 billion stake sale in its crude oil pipelines, three sources familiar with the matter said, following similar…

Current News

ABL Transports Northern Endeavour FPSO to Recycling Yard

ABL Transports Northern Endeavour FPSO to Recycling Yard

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

CPC Oil Exports via Black Sea Stable After Attack Reports

CPC Oil Exports via Black Sea Stable After Attack Reports

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Energy Crisis from War on Iran Deeper Than Widely Assumed

Energy Crisis from War on Iran Deeper Than Widely Assumed

Oil Shoots Over $110 as Trump's Iran Deadline Looms

Oil Shoots Over $110 as Trump's Iran Deadline Looms

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

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