Oil & gas news

The North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.

The US oil giant has closed its Blind Faith platform and evacuated staff as the category five storm approaches.

Petrobras has reported that the Total Utilization Factor (FUT) of its refineries reached 96.8% in September, representing the highest monthly result in 2024.

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by bp for its greenfield Kaskida development in the Gulf of Mexico.

CNRL moves into top 25 rankings of global oil and gas producers with purchase, comments Wood Mackenzie.

Chevron Canada Ltd has announced that it and a related entity have agreed to sell their interests in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd.

Mermaid Subsea Services UK has completed the first stage of a major North Sea decommissioning contract for Shell UK Ltd.

Italian multinational energy company Eni has announced the completion of the combination of substantially all its upstream assets in the UK with Ithaca Energy.

Petrobras and Colombia's state-run oil and gas company, Ecopetrol, have reported two major gas discoveries in the country's offshore basins.

Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.