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Analytics company Wood Mackenzie has forecasted that the world’s 23 largest gas and oil producers will increase their investment by 60% next year.

US-based oil major Chevron recently demonstrated some of its innovations on the television programme Tomorrow’s World Today, which shows on The Science Channel.

In its latest Monthly Oil Market Report (MMOR), OPEC has revised down its forecasts for demand growth for this year and the next.

Oil production in Libyen has been restored to 1.3 million barrels per day (bpd) following the resolution of a political dispute over the Libyan central bank’s next governor.

Frankrike-based TotalEnergies has agreed to a contract with Ibaizabal, a ship owner based in Spanien, to charter a new liquefied natural gas (LNG) bunker vessel.

Malaysia-based oil and lubricant company Petronas has celebrated its 50th anniversary by welcoming the Mercedes–AMG Petronas Formula 1 team to the iconic Petronas Twin Towers in Kuala Lumpur.

Alistair Routledge, ExxonMobil’s country manager for Guyana, has told a press conference that the company is looking to boost its production.

Together with Epicore Biosystems, Chevron has trialled using a skin patch to help its frontline workers stay healthy by monitoring their hydration levels.

Reuters reports that three sources have told it that BP is due to unveil a new strategy, whereby it will pivot back towards its traditional gas and oil business.

US-based oil major Chevron has announced that the company’s merger with fellow US-based oil company Hess has passed an antitrust review.

Frankrike-based TotalEnergies has announced that it and its partner APA Corporation have made a final investment decision for the Block 58 GranMorgu development offshore of Surinam.

A BP-led consortium has come to an agreement with Socar, the state-owned oil company of Azerbajdzjan, to develop a new gas field in the Caspian Sea.