Winning bidders include Chevron, Eni, QatarEnergy and Aiteo.

Alberta set a new oil production record in 2025, averaging 4.1 million barrels per day and surpassing the previous year’s output by 4.2%, according...

Libya’s National Oil Corporation says it has granted exploration licenses to international energy firms, including Chevron and Eni Read Full...

Eni confirms a significant oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approx. 18 km from Olombendo FPSO....

Namibia’s upstream narrative has, until recently, been defined by deepwater success in the Orange Basin, where major offshore discoveries have...

Namibia’s upstream narrative has, until recently, been defined by deepwater success in the Orange Basin, where major offshore discoveries have...

  … to become number one construction company in the world Dangote Group has signed a $400 million construction equipment agreement with XCMG...

Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with...

US crude oil production will decline in 2027 for the first time in six years, ending a run of record output that made the nation the world’s largest...

As of February 1, 2026, Ukraine’s international reserves climbed to USD 57.7 billion, marking a record high, UATV English informs. The...