Oil renewal in Venezuela could need $100 billion in investment
05/10/2026 by Daniel Tait
Raising Venezuelan oil production capacity will likely require massive investment in the restructuring effort being led by the United States.
TotalEnergies decides to fully develop Caspian Absheron field
02/10/2026 by Cameron Clarke
Together with its joint venture partners, TotalEnergies has announced a final investment decision (FID) for the full-field development of the Absheron field.
Shell finalises Gulf of Mexique asset sale
01/10/2026 by Joel Thompson
UK-based oil major Shell has announced that it has completed the sale of its 50% interest in the Na Kika platform together with some associated assets.
Kluber to showcase specialty lubrication solutions for refrigeration
30/09/2026 by Jay Hatton
Leading lubrication manufacturer Kluber has announced its intention to showcase its specialty refrigeration solutions at Chillventa 2026, the foremost exhibition for refrigeration technology.
TotalEnergies to develop Nigerian gas field
29/09/2026 by Daniel Tait
Together with its joint venture partner AMNI, TotalEnergies has made a final investment decision (FID) for the Ima gas field offshore of Nigeria.
Captured carbon could increase oil production
28/09/2026 by Cameron Clarke
The Global CCS Institute has issued guidance for how carbon capture and storage (CCS) could be integrated with active oil production operations.
French President calls for further release of oil reserves
25/09/2026 by Joel Thompson
Emmanuel Macron, the President of France, has said he will call a meeting of the G7 countries to discuss another emergency release of oil reserves.
TotalEnergies announces new joint AI programme
24/09/2026 by Jay Hatton
Integrated energy company TotalEnergies has announced a new partnership with Mistral to develop new AI (artificial intelligence) models for the exploration and development of hydrocarbon reservoirs.
IEA raises US oil production forecasts for 2027
22/09/2026 by Cameron Clarke
In its latest Short-Term Énergie Outlook, the US Énergie Information Administration (IEA) has further raised its predicted US oil output for next year.
TotalEnergies announces Angola discovery
21/09/2026 by Joel Thompson
Integrated energy giant TotalEnergies has announced a new oil discovery in Angola’s Block 17.
Sail-assisted LNG carrier for Chevron named
18/09/2026 by Jay Hatton
Mitsui O.S.K. Lines (MOL) of Japon has announced the naming of the first ever liquefied natural gas (LNG) carrier to be equipped with rigid sails.
Shell to adjust US power portfolio
17/09/2026 by Daniel Tait
Through its subsidiary, UK-based Shell has agreed to sell its interest in one gas-fired power plant and acquire another generation business.