Browsing: Middle East

Melbana Energy Ltd on Thursday began drilling the Amistad-2 production well onshore Cuba after delays. The campaign eyes a total…

California Resources Corporation (CRC) and Berry Corporation said they have entered into a definitive agreement to combine in an all-stock…

In a statement sent to Rigzone by Unite on Thursday, the union announced that it had delivered a “wage win…

Austria’s state-backed OMV AG has announced a review “to streamline operations and portfolio” that could include a potential workforce downsizing…

TotalEnergies SE has signed production sharing contracts (PSCs) for four adjoining exploration blocks spanning about 12,700 square kilometers (4,903.49 square…

Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the transition…

Oil edged down in a choppy session after US President Donald Trump implied that he favored low prices over sanctions…

Two Russian oil refineries were attacked on Thursday as Ukraine stepped up strikes on its enemy’s energy infrastructure. Gazprom’s Neftekhim…

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 9.3 million barrels from the…

Mach Natural Resources LP said it closed its acquisition of certain oil and gas assets from Sabinal Energy, LLC, as…