TotalEnergies and Eni have taken the Final Investment Decision (FID) for the development of the Cronos gas field in Cyprus offshore Block 6. The field was discovered in 2022 and successfully appraised ...

BP will add 80 million standard cubic feet per day of gas from its Fayoum North-4 well. BP to boost Egypt gas output from ...

Isramco and Mubadala Energy could supply 80bcm of natural gas from the Tamar offshore field. Isramco and Mubadala Energy plan ...

QatarEnergy is preparing to extend force majeure on liquefied natural gas (LNG) shipments through mid-October, Bloomberg News reported, citing people with knowledge of the matter. The force majeure ...

Brent crude futures are trading in the low $90s as escalation in the Gulf enters a tenth consecutive day, with renewed threats to both the Strait of Hormuz and the southern Red Sea adding pressure to ...

Petrojet and Enppi have secured a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO). According to Construction Week, the agreement ...

Halliburton Company reported net income of $534m, or $0.64 per diluted share, for the second quarter of 2026, supported by higher revenue and improved operating income. Adjusted net income, excluding ...

Saudi Aramco’s net profit after minority interest is expected to rise 40% year-on-year to SAR119.6bn ($31.85bn) in the second quarter of 2026, according to AlJazira Capital, a news report cited. The ...

Abu Dhabi’s XRG is expanding its presence across the Americas, building an integrated energy and industrial platform that extends the UAE’s economic reach and reinforces its role as a long-term global ...

ADNOC has taken a $6.2bn final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation ...

Iran and Oman could raise $6.8bn a year by imposing transit fees on oil tankers passing through the Strait of Hormuz, according to estimates from Oxford Economics. The two countries have discussed ...

ADES has added new jack-up rig work in Nigeria and the UK North Sea as it expands its international backlog. ADES wins $229m ...