Tenaris has acquired AllTorque’s oilfield division to expand its tubular running technology and rig floor services, enhancing well integrity, operational efficiency and OCTG capabilities in Canada. SourceContinue Reading

Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim Sul field as part of efforts to rebuild reserves in mature areas. SourceContinue Reading

At CERAWeek, Interior Secretary Doug Burgum reinforced the Trump administration’s “energy dominance” agenda, emphasizing faster permitting, expanded domestic production and stronger global energy alliances as geopolitical tensions reshape supply dynamics. SourceContinue Reading

At a press briefing during Wednesday morning at CERAWeek by S&P Global 2026, U.S. EPA Administrator Lee Zeldin announced a nationwide fuel waiver as a means of ensuring that Americans have stable, plentiful gasoline supplies. The waiver is set to take effect on May 1.  SourceContinue Reading

SLB and NVIDIA are expanding their collaboration to develop AI infrastructure, modular data centers and domain-specific models aimed at scaling digital and operational performance across the energy industry. SourceContinue Reading

Sierra Leone is promoting its offshore oil and gas potential to investors ahead of a new licensing round, highlighting deepwater exploration opportunities and growing interest in West Africa’s emerging upstream sector. SourceContinue Reading

Saudi Arabia is ramping crude exports from its Yanbu terminals on the Red Sea, targeting 5 MMbpd as it diverts flows away from the disrupted Strait of Hormuz using the East-West pipeline. SourceContinue Reading

Foresea has secured a $465 million contract from Petrobras to operate the ultra-deepwater drillship ODN I offshore Brazil, supporting development activity in the Mero field. SourceContinue Reading

Nigeria is fast-tracking permits to revive idle oil wells, cutting approval times to hours as operators move to boost production and capitalize on stronger crude prices. SourceContinue Reading

“You just can’t take 8-to-10 MMbpd off the market, and 20% of LNG supply, and not expect instability,” ConocoPhillips Chairman and CEO Ryan Lance said on Tuesday at CERAWeek by S&P Global, underscoring the scale of the current supply shock hitting global energy markets. SourceContinue Reading