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Oil and gas news and in-depth feature articles on the biggest offshore projects, exploration and decommissioning technology and innovation, as well as data on the latest oil price trends.

News

Blog 2 months ago
Energean plans to buy bp's Egyptian oil and gas assets for $1bn
Energean is in exclusive discussions with BP to purchase a selection of the British company's upstream oil and gas holdings in Egypt, reported Reuters, citing two people involved in the process.
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Blog 2 months ago
Acerta to expand liquids-rich Alberta production with Astara deal
Acerta Energy has agreed to acquire rival Canadian oil and gas firm Astara Energy in a transaction valued at approximately C$127m ($91.55m), including assumed net debt.
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Blog 2 months ago
Enbridge, KKR form joint venture for Westcoast pipeline expansion
Enbridge and KKR have agreed to form a joint venture (JV) that will provide funding for the Aspen Point and Sunrise Expansion Programmes of the Westcoast natural gas pipeline system in British Columbia (BC), Canada.
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Blog 2 months ago
TotalEnergies exits Arctic LNG 2 with 10% stake sale to NordLine
TotalEnergies has completed the transfer of its 10% interest in the Arctic LNG 2 project in Russia's Gydan Peninsula to NordLine, a subsidiary of Novatek.
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Blog 2 months ago
Fire at Russia's Amur petrochemical complex causes multiple casualties
A fire accident broke out at the Amur Gas Chemical Complex (AGCC) in Russia's far eastern Amur region, killing seven people, including six Chinese nationals, reported Reuters.
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Blog 2 months ago
CNOOC H1 2026 net profit rises 23.4% to $12.76bn
China National Offshore Oil Corporation (CNOOC) has reported a net profit attributable to equity shareholders of 85.8bn yuan ($12.76bn) for the first half of 2026 (H1 2026), marking an increase of 23.4% compared with 69.5bn yuan ($10.33bn) in the same per
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Blog 2 months ago
Enbridge to acquire Salt Creek Midstream's crude assets for $600m
Canadian midstream company Enbridge has reached a deal to acquire Salt Creek Midstream's crude oil gathering business in the US for $600m in cash.
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Blog 2 months ago
Aker BP begins production from Skarv Satellites in Norwegian Sea
Aker BP has commenced production from the Skarv Satellite Project in the Norwegian Sea, bringing the Alve Nord, Idun Nord and Ørn fields online one year ahead of the initial schedule.
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Blog 2 months ago
Electrifying offshore: what is slowing rig electrification?
Energy Technology's new episode asks why electrification of offshore oil and gas assets has been slow, despite offering decarbonisation wins.
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Blog 2 months ago
Equinor starts production at Troll phase three, stage two in North Sea
Equinor has begun production from the Troll Phase 3 stage 2 subsea project in the Norwegian North Sea, bringing additional gas to the Troll A platform.
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