BP extends presence in Azerbaijan
12/06/2025 by Daniel Tait
UK-based supermajor BP has signed a number of agreements to progress its production capacity and exploration efforts in Azerbaijan.
TotalEnergies buys UK solar and storage projects
11/06/2025 by Jay Hatton
France-based TotalEnergies is to bolster its presence in the UK energy market by acquiring some solar and storage projects.
OPEC+ expected to stop hiking production
10/06/2025 by Joel Thompson
Multinational investment bank Goldman Sachs expects the OPEC+ group to cease increasing production after August.
OEUK calls for North Sea windfall tax to be ditched
09/06/2025 by Thomas Clark
Trade association Offshore Energies UK (OEUK) has called for the Energy Profits Levy (EPL) to be removed by the end of the year.
Chevron highlights conservation commitment
06/06/2025 by Jay Hatton
On its corporate blog, US-based oil major Chevron has highlighted how it seeks to be a good community partner by helping to conserve the environments within which it operates.
Analysts claim that Permian "still has a way to go"
04/06/2025 by Daniel Tait
According to analysts at Wood Mackenzie, the prolific Permian Basin of West Texas and New Mexico still has more than a decade of high production.
Asset sales being considered by Saudi Aramco
03/06/2025 by Joel Thompson
Reuters is reporting two unnamed sources familiar with the matter as saying that oil giant Saudi Aramco is considering selling assets to generate funds.
CEO of ConocoPhillips points to critical price for US shale oil
02/06/2025 by Cameron Clarke
Ryan Lance, the chairman and CEO of ConocoPhillips, has pointed to the future of US shale oil production as being dependent on oil prices.
ExxonMobil and PetroVietnam to boost deal amid trade negotiations
30/05/2025 by Joel Thompson
PetroVietnam, the state-owned energy company, is looking to revise its deal with ExxonMobil as part of wider efforts to find a deal with the US administration.
Rise in production by OPEC+ predicted in July
21/05/2025 by Cameron Clarke
Analysts at multinational financial services and investment bank, Goldman Sachs, have predicted OPEC+ will decide to raise production in July by another 411,000 barrels per day (bpd).
Rumours of Shell considering BP takeover continue to grow
20/05/2025 by Daniel Tait
With BP posting another set of poor quarterly results, speculation continues to grow in the markets that BP is ripe for a merger or acquisition, with Shell being pointed to as the most likely contender…
Fuchs reports strong start to year
19/05/2025 by Jay Hatton
Fuchs has published its financial results for the first quarter of this year, with it showing a modest improvement on last’s year’s strong results.