KBR announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project. SourceContinue Reading

Fulkrum has announced the expansion of its service portfolio with the introduction of new Asset Integrity Management (AIM) Services. SourceContinue Reading

OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use. SourceContinue Reading

At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week. SourceContinue Reading

The U.S. Export-Import Bank authorized a $690 million loan to help build a petrochemical plant in Malaysia, despite objections from climate activists. SourceContinue Reading

bp Plc expects its net debt to have risen in the third quarter due to lower refining margins and changes to the timing of asset sales.  SourceContinue Reading

The U.S. broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran. SourceContinue Reading

Nigerian National Petroleum Corp. (NNPC) and partners including Shell, TotalEnergies and Agip struck a landmark deal to sell gas to the methanol-manufacturing project of the country’s Brass Fertilizer & Petrochemical Co. Ltd. SourceContinue Reading

Shelf Drilling, Ltd. has secured new contracts for two jack-up rigs in offshore Nigeria, paving the way for a fully executed three-year contract for the Achiever jack-up rig, and expanding their operations in West Africa. SourceContinue Reading

Eni SpA has received significant interest for its next FLNG project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. SourceContinue Reading