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Oil & Gas

Market Trends Production Exploration Contracts Acquisitions Refining Companies Crude Oil Mergers & Acquisitions Corporate Governance

BP to Buy 60% and Operate Three Offshore Blocks in Namibia

The deal signals BP’s renewed focus on upstream growth.

TotalEnergies Confirms Moho G Oil Find Offshore Congo

Transocean Adds $1 Billion to Backlog and Retires Debt, Lifting Shares

Vallourec Secures Five Indonesian OCTG Contracts Totaling 36,000 Tons

Petrobras Exercises Right to Buy Petronas Stakes for $450 Million to Regain Full Control of Two Campos Fields

Marathon Petroleum Rallies After Q4 Beat as Record Refining Margins Spur Analyst Upgrades

Deepak Gupta Takes Charge as GAIL Chairman and Managing Director

Argentina Extends RIGI to 2027, Sets $600 Million Floor for Onshore Oil and Gas

Transocean to Acquire Valaris in $5.8 Billion All-Stock Deal to Create $17 Billion Offshore Drilling Leader

Vista Energy to Acquire Equinor’s Vaca Muerta Assets for $712 Million

Devon and Coterra Strike All-Stock Merger to Form $58 Billion Shale Operator

Baker Hughes Q4 Profit Up 11% as Gas Technology Outperforms Oilfield Services

Italy Confirms Release of Businessman Luigi Gasperin in Venezuela

Equinor Awards NOK 100 Billion in Maintenance Contracts to Seven Norwegian Suppliers

HPCL Starts Up 3.55 MMTPA Residue Upgradation Unit at Visakh Refinery

Vedanta Wins NCLT Approval to Split Into Five Listed Companies as Shares Hit Year High

Perúpetro Upholds Rejection of Upland for Lote 192, Leaving Oil Field Without Partner

Harbour Energy Agrees $170 Million Purchase of Waldorf Subsidiaries to Expand UK North Sea Footprint

Vedanta Pledges Rs 1 Lakh Crore in Rajasthan to Double Output

TotalEnergies to Merge UK Upstream With NEO NEXT, Creating NEO NEXT+, the UK’s Largest Independent Producer