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Keywords: Oil and gas
Major international oil and gas companies are reassessing their long-term investment strategies as geopolitical tensions in the Middle East continue to reshape the global energy landscape. Industry leaders are increasingly looking toward Southeast Asia and Latin America as alternative regions for future......
Iraqi Prime Minister Ali al-Zaidi will travel to Washington on Monday at the head of an official delegation, with energy cooperation and potential oil and gas agreements expected to dominate discussions between the two countries. The visit follows an official invitation and comes as Iraq seeks to attract......
The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the......
Venezuela has taken another step toward reshaping its energy industry after acting President Delcy Rodriguez signed the regulations needed to implement a sweeping reform of the country's Hydrocarbons Law, a move aimed at making the sector more attractive to investors. The newly enacted regulatory......
British energy giant Shell PLC has announced the temporary suspension of its $3 billion share buyback programme, according to a statement released on Friday. The pause, effective from June 12 until July 14, is linked to regulatory and procedural requirements associated with the company’s ongoing......
Norwegian oil and gas companies have revised their investment expectations upward for the years 2026 and 2027, according to a recent quarterly industry survey. Despite this revision, overall spending is still projected to remain below the record levels achieved in 2025. The survey shows that the country’s......
U.S. energy giant Chevron has officially submitted a request to acquire a 70% stake in an offshore exploration block located west of Greece, according to the Greek Ministry of Energy. The stake is currently held by the Greek energy company Helleniq Energy, one of the country’s leading players......
Energy companies INEOS Energy and Shell PLC have announced a joint initiative to explore new oil and gas opportunities in the Gulf of Mexico. The collaboration aims to expand offshore exploration and production activities in the region. Focus on offshore exploration The partnership will focus on areas......
The Philippines has stated that any future cooperation with China on oil and gas exploration must fully comply with its constitution and respect national sovereignty, amid ongoing tensions in the South China Sea. The Department of Foreign Affairs emphasized that any agreement involving energy cooperation......