
Iran adds 10 trillion ft3 of gas to its reserves
A new discovery in the Pazan gas field in southern Iran has been made with 10 trillion ft3 of natural gas, Oil Minister Mohsen Paknejad said on Monday according to his ministry's news outlet Shana.
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A new discovery in the Pazan gas field in southern Iran has been made with 10 trillion ft3 of natural gas, Oil Minister Mohsen Paknejad said on Monday according to his ministry's news outlet Shana.

The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million bpd in both 2025 and 2026, both slightly higher than the agency’s September forecast.

The order marks a significant milestone in building the company’s international OCTG business and reinforces its presence in this strategically important energy region.

Ninth edition of DNV’s Energy Transition Outlook finds that policy reversals in the US will only have a marginal impact on the global energy transition.

Hunting PLC has announced the launch of Opti-TEK™, a new suite of Optimised Intervention Technologies designed to help operators extend well life, reduce downtime and improve decision-making - while lowering operational costs and environmental impact.

Pantheon Resources plc gives a Dubhe-1 operational update.

Wood Mackenzie analysis reveals that UK Continental Shelf (UKCS) production scope 1, 2 and 3 emissions outperform the Intergovernmental Panel on Climate Change's global net zero emissions pathway by 25 - 50 million t CO2e per annum.

Last Mile Production turns decommissioning liabilities into financeable climate assets via insured, high-integrity carbon tokens.

SBM Offshore and Cognite partner to accelerate AI and data collaboration to optimise floating production operations.

The decommissioning contracts from Allseas are for two of TAQA UK’s flagship platforms.

TotalEnergies announces the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015.

The order is scheduled for delivery in late 2025. The equipment will support DOF’s extensive subsea operations in Brazil.