Guyana’s President took the stage at OTC’s opening session—but instead of highlighting the country’s booming oil output, his wide-ranging remarks on energy transition, financing and “global energy balance” left attendees searching for a clearer message. SourceContinue Reading

Diamondback is ramping up Permian output, citing a “historic global deficit” as supply disruptions and rising prices push U.S. shale producers to respond. SourceContinue Reading

Iran launched missile and drone attacks on the UAE, targeting oil infrastructure in Fujairah and driving crude prices higher amid renewed regional tensions. SourceContinue Reading

Unique Group is expanding its subsea mechanical division with new systems for offshore decommissioning, installation and construction, including excavation, cutting and recovery technologies. SourceContinue Reading

South Sudan has declined to renew Oranto Petroleum’s Block B3 exploration license after a performance review found unmet seismic, drilling and financial obligations. SourceContinue Reading

Permian land firm EagleRock has launched an IPO that could raise nearly $400 million, underscoring continued investor interest in basin access and royalty assets. SourceContinue Reading

Helix Energy Solutions has sold its shallow water abandonment business to the Chouest Group for $107.5 million, sharpening its focus on deepwater well intervention and offshore services. SourceContinue Reading

Equinor has awarded $1.6 billion in drilling and well services contracts to sustain North Sea output, as new wells play a growing role in future production. SourceContinue Reading

Argent LNG has advanced permitting for its proposed 25-MMtpa Port Fourchon export project, marking another step forward for U.S. LNG capacity growth. SourceContinue Reading

ADNOC has unveiled a $55-billion project pipeline as the UAE moves to accelerate upstream growth following its exit from OPEC, signaling a major push to expand capacity and capture global demand. SourceContinue Reading