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Houthis Claim Attack on Saudi Tankers in Red Sea

Jul 23, 2026

The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz…

OMV Petrom, Romgaz Install Neptun Deep Offshore Platform

Jul 20, 2026

OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…

Current News

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Eni Confirms Sapukala Deepwater Block Award in Indonesia

Eni Confirms Sapukala Deepwater Block Award in Indonesia

Fugro Adds More Survey Work off Timor-Leste

Fugro Adds More Survey Work off Timor-Leste

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

Iran Restores Half of Damaged South Pars Gas Field Capacity

Iran Restores Half of Damaged South Pars Gas Field Capacity

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