Murphy Oil Corporation has announced an agreement to acquire the BW Pioneer FPSO from BW Offshore. The FPSO will remain at its current location, supporting operations at the Cascade field and Chinook field in the Gulf of America. SourceContinue Reading

Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement of support on EPA’s announcement today of actions to advance President Trump’s Day One executive orders on energy. SourceContinue Reading

Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. SourceContinue Reading

American Petroleum Institute President and CEO Mike Sommers issued a statement after the U.S. Environmental Protection Agency announced plans to reconsider several major rulemakings as part of a broader agenda to support American energy dominance. SourceContinue Reading

The Liza Unity is now the world’s first FPSO to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet certain environmental and human elements requirements. SourceContinue Reading

CERAWeek 2025 by S&P Global maintained momentum into the middle of the week with a panel discussing some of the long-term challenges facing the upstream.  Featuring executive representatives from bp, Repsol, Baker Hughes and Cairn Oil & Gas, the panel presented a range of perspectives from upstream production and exploration to upstream services and emerging...Continue Reading

The U.S. Environmental Protection Agency said Wednesday it will reconsider the Obama administration’s so-called endangerment finding, a move that could dismantle the legal foundation for sweeping climate change rules. SourceContinue Reading

OPEC+ crude production surged last month as Kazakhstan further breached its agreed limit. OPEC+ has said it can “pause or reverse” the scheduled series of output increases depending on market conditions, and has just under a month to consider the next hike. SourceContinue Reading

Today marks 16 years since Flight 491 crashed, resulting in the loss of 17 of the 18 people on board. Energy NL joins the community in remembering these individuals, and extends deepest condolences to the survivor, as well as the family and friends who lost a loved one on that tragic day. SourceContinue Reading

Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into a strategic alliance with TechnipFMC to accelerate the delivery of integrated subsea infrastructure for future deepwater projects in India. SourceContinue Reading