Petrobras increases Proved Reserves in 2025
Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 12.1 billion boe, as of December 31, 2025.
The latest upstream news
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
A return to onshore: how independents are leading Angola’s inland resurgence
As Angola reinvigorates its onshore basins through regulatory reform and flexible licensing, independent oil and gas companies are stepping forward to drive a new wave of inland exploration and production growth.
Superior Energy Services lines up Abaco acquisition
Superior Energy Services announces entry into definitive agreements to acquire Abaco Energy Technologies.
Architecting predictive intelligence in oil and gas
Ellen F. Warren interviews Praveen Shiveswara Sridharamurthy on real-time data, cloud, and AI.
Upcoming oil events
Subsea Expo 2026
04 Feb 2026 - 05 Feb 2026
P&J Live
The Event Complex Aberdeen (TECA),
E Burn Rd,
Aberdeen,
AB21 9FX,
United Kingdom
World Pipelines CCS Forum - London 2026
18 Mar 2026 - 18 Mar 2026
Park Plaza, London Riverbank
18 Albert Embankment,
Vauxhall,
City of London,
SE1 7TJ,
United Kingdom
Wood Mackenzie reports historic natural gas freeze-offs as arctic weather drives production losses to near-record levels
Single-day freeze-off reaches 17 billion ft3 on 25 January 25, approaching Winter Storm Uri levels as intense cold drives historic price spike.
TotalEnergies Signs the Extension of the Waha Concessions until 2050
This agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370 000 boe/d.
Syrian oil and gas production set to recover in 2026 as government regains control of key assets, says Wood Mackenzie
Recent actions by the Syrian government could pave the way for increased oil and gas production this year and beyond, according to a recent insight from Wood Mackenzie.
TMC lines up compressor deliveries for Trion FSO
TMC Compressors (TMC) has been awarded a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit, Chalchi.
Viridien and SLB announce agreement with EGAS for large multi-client OBN programme over Eastern Mediterranean Offshore
Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging programme in Egypt’s Eastern Mediterranean offshore.
Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026
Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.