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Petrobras Makes Offshore Gas Discovery in Colombian Deepwater Block

Aug 04, 2026

Petrobras has confirmed a new gas discovery at the Sandia-1 exploratory well in the GUA-OFF-0 block in deep waters offshore Colombia, further expanding the identified gas potential of the country's offshore basin.The Sandia-1 well is located about 42 kilometers from the Colombian coast in 1…

Chevron Posts Strongest Quarterly Profit in Six Years

Jul 31, 2026

Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its highest quarterly profit in at least six years as the U.S.-Israeli war with Iran disrupts world energy markets, boosting profits for the biggest oil companies…

France Selects Five Ports for $300M Floating Wind Investment

Jul 31, 2026

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg…

Shell Agrees $720M Sale of Cyprus Gas Unit to MOL Group

Jul 31, 2026

Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720 million, giving the Hungarian energy company a 35% stake in Cyprus' Aphrodite offshore gas field.The transaction, which is subject to customary adjustments…

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Saipem Bags Commissioning Contract for Türkiye-Bound FPU

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Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

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PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

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Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

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