ExxonMobil has approved the $6.8 billion Hammerhead development offshore Guyana, marking its seventh project in the Stabroek block. The development will add 150,000 bopd starting in 2029, boosting total block capacity to 1.5 million bopd. SourceContinue Reading

BP Cancels Rotterdam Biofuels Plant, Joining Shell in Heavy Capital Retreat | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Sep 22, 2025, 11:30 AM CDT BP has cancelled plans for a major biofuels facility...Continue Reading

ExxonMobil has approved the $6.8 billion Hammerhead development offshore Guyana, marking its seventh project in the Stabroek block. The Hammerhead FPSO will add 150,000 bopd starting in 2029, boosting total block capacity to 1.5 million bopd. SourceContinue Reading

War Signals, Quiet Channels, and Venezuela’s Discounted Barrels | OilPrice.com Elias Ferrer Elias Ferrer is the director of a research advisory in Caracas, Venezuela focusing on the country’s oil and gas sector, Orinoco Research. More Info Premium Content By Elias Ferrer – Sep 22, 2025, 11:00 AM CDT Trump threatened Venezuela and sent Navy, Air...Continue Reading

Angola’s crude oil output rebounded to 1.03 million bpd in August, surpassing the 1 million mark after slipping in July. The government aims to sustain production levels as it prepares a new licensing round—the final under its multi-year concession strategy. SourceContinue Reading

Turkey Silent After Tripartite Deal That Could Get Kurdish Flowing This Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 22, 2025, 10:31 AM CDT A breakthrough agreement between Baghdad, Erbil, and international oil companies is expected to be announced within 24 hours, potentially...Continue Reading

BW Offshore has achieved first gas on the BW Opal FPSO at Santos’ Barossa LNG project offshore Australia. The FPSO, designed to process 850 MMscf/d of gas and 11,000 bpd of condensate, marks a key milestone ahead of full operations under its 15-year charter. SourceContinue Reading

NATO Moves to Strengthen Its Eastern Flank | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Sep 22, 2025, 10:00 AM CDT NATO launched Operation Eastern Sentry...Continue Reading

Ocean Geophysics has teamed up with EdgeTech to deliver advanced software for the new eBOSS system, enhancing detection of buried subsea objects critical to offshore oil and gas operations. SourceContinue Reading

Santos Launches $4.5 Billion LNG Project Offshore Australia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 22, 2025, 9:30 AM CDT Australia’s oil and gas major Santos on Monday announced that a floating production vessel had received first gas from the $4.5-billion Barossa project...Continue Reading