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Norway finalized the field development plan for a new North Sea oil and gas field that will be tied back to the existing Brage platform

Norway Plans to Develop a New $570-Million Oil and Gas Field

Brage is a producing conventional oil field located in shallow water in Norway. The Brage conventional oil field recovered 89.79% of its...

Iranian state media confirmed an attack by Israel in the early hours of Friday and said the “sabotage” operation involving drones had failed.

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Iran Acknowledges Drone Attack by Israel and Says It Failed

by Bloomberg|P.Sykes, A.Shahla, E.Bronner|via RigZone.com| Iranian state media confirmed an attack by Israel in the early hours of Friday and said the...

The seizure of a container ship by Iran in the Strait of Hormuz on Saturday threatens trade lanes in the Middle East and Red Sea

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An Already Bad Situation in the Red Sea Just Got Worse

The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of...

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EnQuest’s North Sea Oil Plan Sparks Climate Debate

In the heart of the North Sea, amidst the swirling debates surrounding the future of fossil fuel production and climate change, London-based...

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Europe Pushes for Nuclear Revival Amid Energy Crisis

At a recent summit in Brussels, key figures from pro-nuclear European nations and energy specialists advocated for a resurgence of nuclear energy....

The head of the world's largest energy company urged the world to accept the reality that oil and gas will be around for a long time.

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‘We should abandon the fantasy of phasing out oil and gas’: Saudi Energy CEO

Story By Kyle Bakx | CBC News |The head of the world’s largest energy company on Monday urged the world to accept...

Saudi Arabia’s government transferred a further $164 billion stake in Aramco to the Public Investment Fund (PIF), which now holds a 16% stake.

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Saudi Arabia Moves $164B Aramco Stake to Wealth Fund

In 1951 Aramco found the first offshore oil field in the Middle East. In the 1970s and ’80s, control gradually passed to the...

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China Sets Record High LNG Imports For February

In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...