Murphy Oil has plugged the Caracal-1X exploration well as a dry hole offshore Côte d’Ivoire but plans to proceed with the Bubale-1X prospect in its three-well West Africa campaign. SourceContinue Reading

Technip Energies has secured a contract to advance the Coral Norte FLNG project offshore Mozambique, reinforcing the country’s second floating LNG development in the Rovuma basin. SourceContinue Reading

ExxonMobil says rapid production growth in Guyana is strengthening its hand in negotiations for the next generation of global oil projects as competition for reserves intensifies. SourceContinue Reading

Kuwait Readies $7 Billion Oil Pipeline Deal with Global Investors | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 24, 2026, 10:30 AM CST State-held Kuwait Petroleum Corporation (KPC) is considering following in the footsteps of its Saudi and Abu Dhabi peers by tapping major...Continue Reading

ExxonMobil says rapid production growth in Guyana is strengthening its hand in negotiations for the next generation of global oil projects as competition for reserves intensifies. SourceContinue Reading

Shale giant Diamondback Energy says fears of a global oil glut are easing as demand remains resilient, even as the Permian producer tests deeper drilling zones. SourceContinue Reading

CH4 Systems has formed a strategic alliance with Venezuelan partners to create a compliant pathway for U.S. energy companies to restore oil and gas infrastructure, aligning with new U.S. governance and sanctions guidelines. SourceContinue Reading

Vaalco reports 2,000-bopd initial production from its Etame well offshore Gabon while advancing a 102-MMboe Côte d’Ivoire project that could reshape its West Africa growth profile. SourceContinue Reading

Oil Traders Bet on Risk as Diplomacy Yields Little | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Feb 24, 2026, 10:00 AM CST In this week’s...Continue Reading

Oil Tanker Rates Surge to Six-Year High | 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 Related News By Tsvetana Paraskova – Feb 24, 2026, 9:30 AM CST Supertanker rates to ship crude on the key Middle...Continue Reading