News

TotalEnergies expands Namibia exploration position with operated PEL104 stake

February 06, 2026
TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia’s offshore PEL104 exploration license, expanding its position in the Lüderitz basin as the company advances development and appraisal activities across its growing Namibia portfolio.

Canadian crude discounts widen as supply glut signals emerge

February 06, 2026

bp, Kuwait Oil Company extend technical services agreement through 2029

February 05, 2026

Shell posts strong Q4 cash flow on upstream, LNG performance

February 05, 2026

VAALCO Energy to sell non-core Canadian assets for $35 million

February 05, 2026

South Africa’s upstream law targets investment revival after supermajor exits

February 06, 2026

IPAA promotes Dan Naatz to Chief Policy Officer amid regulatory focus on U.S. independents

February 05, 2026

ConocoPhillips seeks Venezuela compensation before resuming drilling

February 05, 2026

Chevron, Turkey sign global oil and gas exploration agreement with TPAO

February 05, 2026

Shenandoah highlights advances in ultra-high-pressure deepwater production

February 05, 2026

Pemex cuts debt to 11-year low as Mexico pushes oil production turnaround

February 04, 2026

Expro introduces single-valve shear-and-seal system for subsea well access

February 04, 2026

Oil and gas hiring challenges deepen as workforce ages and mobility falls, GETI reports

February 04, 2026

Chevron signs Aseng gas agreement with Equatorial Guinea

February 04, 2026

Venezuela oil output to lag Brazil, Guyana and Argentina through 2030, analysts say

February 04, 2026

Equinor forecasts 10%–20% production decline at Johan Sverdrup field in 2026

February 04, 2026

SLB awarded $1.5 billion, five-year contract for Kuwait’s Mutriba field

February 03, 2026

Tenaris awarded ultra-deepwater contracts for Phase 3 of Türkiye’s Sakarya gas development

February 03, 2026

U.S. moves to reopen Venezuelan oil production with new general license

February 03, 2026

TotalEnergies, KOC sign cooperation agreement on exploration studies

February 03, 2026
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