Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and ...

Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher ...

The Minister reaffirmed the Government’s commitment to a stable, transparent, and globally competitive framework, aimed at ...

Eni has signed a binding agreement with SOCAR for the sale of a 10 percent stake in the Baleine offshore project in Côte d’Ivoire, while retaining operatorship and a 47.25 percent interest. The ...

Pancontinental Energy has yet to hear back from government about extending key licence holding undrilled Saturn complex ...

Shell and Sunlink Energies reached a final investment decision to develop the HI field to supply up to 350 million standard cubic feet of natural gas a day to Nigeria LNG. Image by ssuaphoto via ...

Exxon Mobil Corp has signed an agreement to acquire 60 percent in Block 2 in the Ionian Sea, paving the way for drilling in Greece's "most mature concession", operator Energean PLC said. London-based ...

India, Jan. 22 -- Under the leadership of Union Minister for Petroleum and Natural Gas Hardeep Singh Puri, the Ministry of ...

THE upstream oil and gas sector is starting the year on an optimistic note, with industry players set to begin their work programs after securing new petroleum service contracts from the government.

The Ministry of Petroleum and Natural Gas (MoPNG) organised a series of upstream-focused engagements in Mumbai on 19 January 2026. The day-long programme witnessed strong and diverse participation ...

QatarEnergy has signed a Production Sharing Agreement (PSA) for the shallow-water Block S4 offshore the Cooperative Republic of Guyana, awarded as part of the 2022 Guyana Licensing Round. Under the ...