Shell plc delivered adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion in Q3 2025, supported by record output from deepwater assets in Brazil and the Gulf of America and robust LNG trading results. SourceContinue Reading

An independent petroleum reserves and resources evaluation has confirmed world-class hydrocarbon potential in Greenland’s Jameson Land basin, identifying more than 13 billion barrels of prospective recoverable oil resources across 58 prospects. SourceContinue Reading

Resilience as a valuable trait in today’s industry was a major topic of discussion for day two of the 2025 Women’s Global Leadership Conference in Energy, in Houston.  Across several morning panels, guest speakers from various industry-leading companies shared the strategies and necessity of resilience in a market and industry environment that is rapidly changing....Continue Reading

U.S. President Donald Trump’s newly announced sanctions on Russian oil companies are facing a first major challenge in talks with Xi Jinping. Analysts say China’s response will be key to starving Kremlin revenue and tightening global oil markets. SourceContinue Reading

Subsea Supplies has expanded its Aberdeen base and signed an exclusive UK/European distribution and service agreement with Innerspace for its full line of electric and hydraulic thrusters, strengthening subsea support and regional supply capabilities. SourceContinue Reading

Senegal is ramping up industrialization amid rising oil and gas production from the offshore Sangomar field and GTA LNG project, backed by energy, mining and transport investments to reposition the country as a West African industrial hub. SourceContinue Reading

OMS Energy Technologies Inc. has expanded its partnership with a leading Thai oil and gas operator through a new Technical Service Partner Contract covering consultancy, gauging management, and hardware services. SourceContinue Reading

ExxonMobil, Chevron, Shell, bp and TotalEnergies are pushing ahead with production growth in 2025–2026 despite falling crude prices and rising OPEC supply. Analysts say the oil majors are taking the long view, investing now to secure future resilience. SourceContinue Reading

The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 7018/5-2 in production license 1236, located in the Barents Sea. The exploration well will be operated by Equinor with partners Vår Energi and Petoro. SourceContinue Reading

The Trump administration is ruling out plans to auction offshore oil and gas leases along the U.S. East Coast, scaling back its proposed five-year leasing program after opposition from coastal states and environmental groups. SourceContinue Reading