A fire that broke out on a platform at Iran's South Pars gas field, the world's largest offshore natural gas field, was contained on Tuesday, the semi-official Fars news agency reported, citing the deputy oil minister.The cause of the fire was under investigation, with a gas leak or an operational incident among the possible causes, the agency said.The affected platform produces 14.5 million cubic metres of gas…
Oil prices fell on Tuesday, extending losses from the previous session after US President Donald Trump downplayed the need for additional military action against Iran 'at this point,' easing fears of sustained supply disruptions from the Middle East…
Murphy Oil Corporation has secured six offshore exploration licenses in Israel's Zone G, marking the company's entry into the Eastern Mediterranean.The licenses, awarded by the Government of Israel, cover approximately 1,700 square kilometers offshore Israel…
Windows were blown out across several floors of Saudi oil giant Aramco's corporate office in the heart of the financial district of the capital Riyadh on Sunday by what the energy ministry said was debris from an attempt to attack the building…
Aker Solutions has received a letter of award (LOA) from PTSC Mechanical and Construction (PTSC M&C) for detailed engineering work on the redevelopment of QatarEnergy's Maydan Mahzam oil field offshore Qatar.The scope covers detailed design services for several offshore installations…
Saudi state oil giant Aramco is working to expand a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the biggest energy supply shock in history, CEO Amin Nasser said on Tuesday.The effective blockade of the chokepoint that links the Gulf to world markets…
ADES Holding has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig offshore Angola and a new drilling contract for the Shelf Drilling Perseverance in Indonesia, adding to its offshore drilling backlog across Africa and Southeast Asia…
Shell has agreed to sell its 16.67% non-operated interest in Australia's North West Shelf (NWS) LNG project to subsidiaries of XRG for a base consideration of $1.45 billion.The deal covers Shell's interest in the North West Shelf project in Western Australia…
Saudi state oil company Aramco reported on Tuesday a 34.5% increase in third-quarter net profit despite attacks on its facilities, mainly due to higher revenue and its exit from a joint venture.The world's top oil exporter reported a net profit of $36…
Big Oil is reaping near record cash windfalls from the eight-month-old Iran war, but Western energy producers’ reluctance to ramp up spending reveals persistent doubts about the industry’s long-term outlook.BP, Chevron, Exxon Mobil, Shell and…
Woodside Energy has signed a 20-year agreement to supply QatarEnergy with up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from its Louisiana LNG project in the United States, with deliveries expected to begin in 2030.The…
Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…
Masirah Oil has started operations on the first well of its infill drilling campaign at the Yumna oil field offshore Oman, following several delays to the development program earlier in 2026.The company announced the start of operations on October 21…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil…
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