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Oil and Gas
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Vietnam's Vingroup establishes new company to invest and trade in oil and gas, taking 51% stake in $38.5 million venture
Vietnamese conglomerate Vingroup has established a new company to invest and trade in oil and gas, marking its entry into an energy market long dominated by state-controlled businesses. The company ta
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S&P Global Report: Global Energy Demand May Increase Over 60% by 2060, Oil and Gas to Retain Long-Term Position
S&P Global's latest report indicates that global total energy demand could increase by over 60% from current levels by 2060, primarily driven by emerging economies such as Brazil, India, Nigeria, and
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Global oil and gas discoveries hit 40-year low in 2025 amid investment cutbacks
The number of new oil and gas field discoveries worldwide in 2025 fell to the lowest level in more than 40 years, with volumes at those fields falling to one-tenth of the 2013 peak. This decline is at
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TotalEnergies and Mistral launch oil and gas AI partnership with over €100m investment
TotalEnergies has entered into a three-year partnership with French AI company Mistral to develop AI models for oil and gas reservoir exploration and engineering. The joint programme involves an inves
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Perma-Pipe (PPIH) Q2 revenue increased 24.4% year-over-year to $59.6 million, driven by new orders and a joint venture from its Middle East expansion.
The company reported $67.8 million in new orders for the second quarter, primarily driven by demand in oil and gas and infrastructure. As of July 31, the backlog reached $142.3 million, a 17% increase
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Comstock Resources (CRK) Enters $450M Drilling Venture with Jerry Jones Family Partnership
Separately, Comstock Resources, Inc. (CRK) has entered into a drilling venture with a Jerry Jones family partnership, which will fund approximately $450 million (80-85%) of the drilling and completion
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Argentine President Milei reiterated his country's sovereignty claim over the Falkland Islands and ordered an investigation into 45 entities suspected of illegal oil and gas exploration. This follows former US President Donald Trump's previous statement that he was reviewing the islands' status.
Argentine President Javier Milei reiterated the country's claim to sovereignty over the Falkland Islands (known as the Malvinas Islands in Argentina), stating that "winds of change" favor Argentina. T
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Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
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Equinor, Aker BP, and Vår Energi form exploration alliance on the Norwegian Continental Shelf, aiming to discover large new oil and gas fields
Equinor, Aker BP, and Vår Energi have agreed to form a strategic collaboration focused on exploration activities on the Norwegian Continental Shelf (NCS). The alliance plans to evaluate and drill appr
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Permian Basin Operators Boost Oil & Gas Output with Longer Horizontal Wells, Including 15,000+ Foot Super-Laterals
Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-calle
-
Vietnam's Vingroup establishes new company to invest and trade in oil and gas, taking 51% stake in $38.5 million venture
Vietnamese conglomerate Vingroup has established a new company to invest and trade in oil and gas, marking its entry into an energy market long dominated by state-controlled businesses. The company ta
-
S&P Global Report: Global Energy Demand May Increase Over 60% by 2060, Oil and Gas to Retain Long-Term Position
S&P Global's latest report indicates that global total energy demand could increase by over 60% from current levels by 2060, primarily driven by emerging economies such as Brazil, India, Nigeria, and
-
Global oil and gas discoveries hit 40-year low in 2025 amid investment cutbacks
The number of new oil and gas field discoveries worldwide in 2025 fell to the lowest level in more than 40 years, with volumes at those fields falling to one-tenth of the 2013 peak. This decline is at
-
TotalEnergies and Mistral launch oil and gas AI partnership with over €100m investment
TotalEnergies has entered into a three-year partnership with French AI company Mistral to develop AI models for oil and gas reservoir exploration and engineering. The joint programme involves an inves
-
Perma-Pipe (PPIH) Q2 revenue increased 24.4% year-over-year to $59.6 million, driven by new orders and a joint venture from its Middle East expansion.
The company reported $67.8 million in new orders for the second quarter, primarily driven by demand in oil and gas and infrastructure. As of July 31, the backlog reached $142.3 million, a 17% increase
-
Comstock Resources (CRK) Enters $450M Drilling Venture with Jerry Jones Family Partnership
Separately, Comstock Resources, Inc. (CRK) has entered into a drilling venture with a Jerry Jones family partnership, which will fund approximately $450 million (80-85%) of the drilling and completion
-
Argentine President Milei reiterated his country's sovereignty claim over the Falkland Islands and ordered an investigation into 45 entities suspected of illegal oil and gas exploration. This follows former US President Donald Trump's previous statement that he was reviewing the islands' status.
Argentine President Javier Milei reiterated the country's claim to sovereignty over the Falkland Islands (known as the Malvinas Islands in Argentina), stating that "winds of change" favor Argentina. T
-
Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
-
Equinor, Aker BP, and Vår Energi form exploration alliance on the Norwegian Continental Shelf, aiming to discover large new oil and gas fields
Equinor, Aker BP, and Vår Energi have agreed to form a strategic collaboration focused on exploration activities on the Norwegian Continental Shelf (NCS). The alliance plans to evaluate and drill appr
-
Permian Basin Operators Boost Oil & Gas Output with Longer Horizontal Wells, Including 15,000+ Foot Super-Laterals
Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-calle
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Oil and Gas
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