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

IEW: A K Singh, Chairman of ONGC, highlights the need for aggressive deepwater exploration as a national priority to bolster ...

The Brazilian National Petroleum Agency (ANP) estimates that oil companies will invest about $900 million in exploration work ...

Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher spending in the Middle East and parts of the Global South.

Industry leaders emphasize the need for realistic energy transition strategies, highlighting the importance of oil and gas for energy security. Discussions at IEW 2026 focus on sustainable investment ...

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 ...

A Port Harcourt-based oil and gas magnet, Godwin Etim, a chief, has been tapped into the national oil and gas trade group by ...

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 ...