India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases. SourceContinue Reading
OPEC+ leader Saudi Arabia wants the group to consider reviving more oil production ahead of its scheduled return at the end of next year amid a push to reclaim market share, people familiar with the matter said. SourceContinue Reading
Shell is testing the market for possible buyers of its 16.67% stake in the North West Shelf LNG export project in Western Australia, which could be worth more than $3 billion, according to people familiar with the matter. SourceContinue Reading
Unity Well Integrity has announced a strategic partnership with Clear Cut Interventions (CCI) Australia, marking a significant step forward in delivering advanced intervention and well integrity solutions to operators across the Asia-Pac region. SourceContinue Reading
Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock offshore E&P opportunities. SourceContinue Reading
PRIO SA, Brava Energia and BW Energy are considering buying Petronas’ stake in the Brazilian oil field Tartaruga Verde to expand in Latin America’s largest producing country, according to people familiar with the matter. SourceContinue Reading
Shell is testing the market for possible buyers of its 16.67% stake in the North West Shelf LNG export project in Western Australia, which could be worth more than $3 billion, according to people familiar with the matter. SourceContinue Reading
Oil declined on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year. Russian Deputy Prime Minister Alexander Novak said OPEC+ will “look at the current situation as a whole” before making a decision. SourceContinue Reading
Op-Ed: Backed by more than a century of industry leadership, the American Petroleum Institute (API) has helped define what quality and reliability look like for the oil and gas industry, developing widely adopted standards and certification programs that support safe operations. SourceContinue Reading
Angola’s crude output slipped below one million barrels a day in July, threatening state revenues that fund more than 90% of exports. Angola is finalizing a new licensing plan covering 2026 to 2030, which will include both offshore blocks and inland basins, said the head of ANPG. SourceContinue Reading
