Rex International reported average February production of 10,300 boepd from assets in Norway, Oman and Germany, with the Brage field offshore Norway contributing the majority of output. SourceContinue Reading

TotalEnergies Freezes Fuel Prices in France Amid Market Chaos | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 12, 2026, 10:30 AM CDT TotalEnergies is capping the price of gasoline and diesel at its stations in France to protect consumers...Continue Reading

U.S. Natural Gas Prices Stay Calm Despite Global LNG Crisis | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Mar 12, 2026, 10:00 AM CDT The shutdown of Qatar’s Ras Laffan...Continue Reading

Assala Energy has encountered hydrocarbons at the Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, confirming an 8-meter hydrocarbon interval in the Gamba Sandstone formation. SourceContinue Reading

Equinor is preparing to launch drilling operations at the Rosebank field west of Shetland, part of a major UK offshore development that will include subsea wells tied back to a redeployed FPSO. SourceContinue Reading

RWE has completed the sale of its 350-MW Baltic II offshore wind development project in the Polish Baltic Sea to PGE, transferring full ownership and environmental approvals for the adjacent project site. SourceContinue Reading

RWE to Invest $19 Billion in U.S. Gas Power as Demand Jumps | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 12, 2026, 9:30 AM CDT Germany-based utility giant RWE is expanding its U.S. portfolio beyond renewables, focusing a large part of planned $19 billion...Continue Reading

Oceânica Engenharia has secured $736 million in long-term offshore service contracts with Petrobras, covering subsea support vessels and ROV operations for inspection, maintenance and intervention work through 2031. SourceContinue Reading

TotalEnergies has restarted production at Libya’s Mabruk oil field with a new 25,000-bpd facility, marking the return of output from the onshore field after operations halted in 2015. SourceContinue Reading

JERA has agreed to transfer its equity interests in Australia’s Gorgon and Ichthys LNG projects to MidOcean Energy as part of a portfolio realignment while maintaining LNG procurement from both facilities. SourceContinue Reading