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Oil Edges Higher as Markets Watch US-China Summit

May 14, 2026

Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive results towards a resolution for the Iran war.Trump is…

Hard-to-Abate Reality Check: DNV on CCS Growth, Costs, and the Policy Gap

May 13, 2026

Carbon capture and storage (CCS) has moved beyond theoretical climate modelling into the realm of infrastructure planning, capital allocation, and regulatory design. DNV’s latest Energy Transition Outlook for CCS characterizes 2025 as a critical year…

Longitude to Integrate SynergenOG Following ABL Group Acquisition

May 13, 2026

Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…

OEG Extends Drilling Support Deal for Bass Strait Offshore Operations

May 13, 2026

Offshore services company OEG has secured a long-term multi-million-dollar contract extension with a global operator to support offshore drilling operations in Australia’s Bass Strait through the expected end of field life in 2036.The agreement…

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

May 13, 2026

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz…

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

May 12, 2026

QatarEnergy has signed a memorandum of understanding (MoU) with TotalEnergies, ConocoPhillips and the Syrian Petroleum Company for cooperation in offshore oil and gas exploration in Syria.The agreement covers a technical review to assess the…

Current News

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Oil Prices Slide as Israel-Iran Suspend Strikes

Oil Prices Slide as Israel-Iran Suspend Strikes

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