A Brazil-based deepwater driller sees rising investment in Latin American offshore projects as geopolitical risks in the Middle East shift focus toward more stable regions. SourceContinue Reading
Sen. Ted Cruz receives TIPRO’s Hats Off Award for supporting policies aimed at boosting U.S. oil and gas production and energy independence. SourceContinue Reading
OMV Petrom completes drilling of the Krum-1 well offshore Bulgaria, finding no significant gas but advancing geological understanding of the Black Sea basin. SourceContinue Reading
Weatherford plans to relocate its legal domicile to Texas, aiming to simplify its structure, improve capital access and align more closely with its U.S.-focused operations. SourceContinue Reading
DroneQ Robotics and Mark Offshore partner to deploy the R/V Mintis for offshore inspection, subsea survey and robotics operations, combining ROV and drone technologies. SourceContinue Reading
Tamboran reports strong flow results from its SS-6H well in Australia’s Beetaloo basin, with normalized rates of 11.9 MMcf/d signaling competitive shale gas performance. SourceContinue Reading
Continental Resources plans to increase U.S. oil output as crude prices surge above $100 amid supply disruptions tied to the Iran conflict, signaling a potential shift in shale activity. SourceContinue Reading
Transocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction. SourceContinue Reading
BP’s new CEO steps in under pressure to simplify operations, cut costs and refocus on upstream oil and gas assets as investors push for a strategic reset. SourceContinue Reading
INEOS Chairman Jim Ratcliffe supports proposed UK carbon tax cuts, warning of industrial decline and calling for increased domestic oil and gas development, including North Sea and shale resources. SourceContinue Reading