Sonatrach and Ghana National Petroleum Corporation have signed an R&D partnership under African Petroleum Producers Organization to advance upstream technology, digitalization and sustainable hydrocarbon development across Africa. SourceContinue Reading
Saronic and Hornbeck Offshore Services have formed a strategic partnership to evaluate autonomous vessel technology for offshore energy and service operations, including pilot projects and fleet applications. SourceContinue Reading
GEOLOG has acquired Quad Ltd and QO Inc., expanding its global wellsite geology, pore pressure and fracture gradient services to support complex drilling, HPHT and deepwater operations worldwide. SourceContinue Reading
ExxonMobil, ConocoPhillips and other major U.S. oil firms are examining potential roles in Venezuela’s energy sector following the ouster of Nicolás Maduro, Energy Secretary Chris Wright said. SourceContinue Reading
Equinor has awarded long-term framework agreements worth about NOK 100 billion ($9+ billion) to Norwegian suppliers, underpinning maintenance, modification and recovery activity across the Norwegian Continental Shelf. SourceContinue Reading
Vickery Energy has closed the acquisition of Tribune Resources’ Appalachian Basin natural gas assets, adding 38,000 net acres and more than 200 MMcfe/d of production across West Virginia. SourceContinue Reading
Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts. SourceContinue Reading
Lower oil prices reduced Exxon’s fourth-quarter results by up to $1.2 billion, partially offset by stronger refining margins, as the supermajor becomes the first to flag earnings pressure ahead of reporting season. SourceContinue Reading
Equinor has awarded ABL a marine warranty survey contract for Phase 2 of Norway’s Northern Lights CCS project, supporting the expansion of CO₂ transport and storage capacity to meet rising European demand. SourceContinue Reading
Siemens and NVIDIA expanded their industrial AI partnership at CES 2026, unveiling new digital twin and AI tools aimed at improving lifecycle efficiency across energy and infrastructure assets. SourceContinue Reading
