Venezuela renewed its territorial claim over Guyana’s oil-rich Essequibo region at the International Court of Justice as offshore developments led by ExxonMobil remain central to the dispute. SourceContinue Reading
Africa’s vast natural gas reserves are increasingly being viewed as a potential foundation for AI and data center growth, as rising digital infrastructure demand intensifies the need for reliable baseload power across the continent. SourceContinue Reading
INA and MOL Group held talks with the Syrian Petroleum Company on restarting oil and gas operations in Syria, including assessments of infrastructure, field conditions and regulatory requirements. SourceContinue Reading
Iran has submitted a response to the latest U.S. proposal aimed at ending the 10-week conflict that has disrupted global energy markets and sharply curtailed shipping through the Strait of Hormuz. SourceContinue Reading
Welligence COO Ivan Cima says deepwater is poised for renewed growth as global exploration spending slumps. Speaking at OTC 2026, Cima highlighted ultra-deepwater trends, FPSO standardization and the growing debate around offshore electrification. SourceContinue Reading
OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies, as global supply disruptions continue to reshape industry priorities. SourceContinue Reading
Aramco and ADNOC are among the companies continuing limited crude shipments through the Strait of Hormuz despite Iranian threats, shipping disruptions and sharply reduced Gulf export flows. SourceContinue Reading
OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies, as global supply disruptions continue to reshape industry priorities. SourceContinue Reading
