Offshore oil rig near the Amazon River as Brazil expands drilling under Lula’s leadership.

Brazil’s Oil Boom: Lula Pushes for Amazon Drilling Despite Environmental Concerns

Brazilian President Luiz Inacio Lula da Silva is pressuring the country’s environmental regulators to approve oil drilling near the mouth of the ...
Subsea electricity cable installation for the Eastern Green Link 1 project.

Eastern Green Link 1: £2.5B Subsea Electricity Superhighway Breaks Ground

SP Energy Networks and National Grid Electricity Transmission have broken ground on a 190-kilometer (118 miles) subsea electricity superhighway. The ...
Oil refinery under US sanctions with Iranian oil exports at risk.

US Plans to Cut Iran’s Oil Exports to 100,000 BPD – Maximum Pressure Returns

Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10 percent of current levels ...
Ulstein HX118 U-Stern installation vessel designed for offshore wind monopile installation.

Penta-Ocean signs contract for first-of-its-kind monopile installation vessel

Ulstein Design & Solutions has confirmed that Penta Ocean Construction Company Limited has signed a contract for the construction of ...
President Trump signs executive orders to reshape U.S. energy policy, focusing on independence and deregulation in 2024.

Alaskan Resources to Play Key Role in Trump’s Energy Plan

President Trump signed several executive orders aimed at boosting domestic energy production and reducing reliance on foreign energy. The administration ...
Tamboran and Santos partner to explore Darwin LNG Train 2 expansion opportunities in Beetaloo Basin.

Tamboran, Santos to explore Darwin LNG expansion in Beetaloo basin

Tamboran Resources Corporation and Santos Limited have entered into a non-binding Memorandum of Understanding (MOU) to undertake technical studies relating ...
Global oil industry trends in November 2024

The Global Impact of Petroleum in 2025: Trends Driving the Industry

IEA revises annual growth forecast upward as oil demand strengthens, with notable increases across Asia and the Middle East The ...
"Global map with oil trade routes and geopolitical highlights for 2025."

Shifting Geopolitics and Supply Chains: How the Global Petroleum Industry is Transforming in 2025

In 2024, the crude oil and natural gas market navigated a complex landscape of controlled OPEC+ supply and variable demand, ...
"Futuristic oil rig with sustainable technology integration in 2025."

Energy Outlook 2025: Oil and Gas

The transformation of the oil and gas industry is picking up speed. We look at issues from shifting LNG demand ...
Crude oil prices rise due to China’s economic plans and U.S. sanctions on Russia

Crude Oil Prices Surge as Global Market Dynamics Shift

Crude oil prices rose for the third consecutive session on Wednesday, driven by China’s plans to boost its economy, potential ...
SLB subsea RWI system enhancing Petrobras Búzios field production efficiency

SLB’s Advanced Subsea Technology to Boost Petrobras’ Búzios Field

SLB’s OneSubsea™ joint venture has secured a groundbreaking contract with Petrobras to deliver two cutting-edge subsea raw seawater injection (RWI) ...
Shell’s Phase 3 Silvertip project wells in the Gulf of Mexico with low-carbon energy production focus."

Shell’s New Investment in the Gulf of Mexico: The Phase 3 Silvertip Project

Shell Offshore Inc., a subsidiary of Shell plc, has made an exciting announcement about its continued commitment to energy production ...
Global oil industry trends in November 2024

Rising Oil Supply Amid OPEC+ Decisions

The Acting Chairman of Libya's state-owned National Oil Corporation (NOC) Masoud Sulaiman said on Saturday the company plans to increase ...
Congo Energy & Investment Forum 2025: A Turning Point in Africa’s Energy Landscape

Congo Energy & Investment Forum 2025: A Turning Point in Africa’s Energy Landscape

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy&Investment Forum (CEIF), ...
ONGC offshore drilling rigs initiative 2024

Building Offshore Drilling Rigs in India: ONGC’s Bold Initiative

These rigs will replace some of the company's ageing rigs operational for more than 4 decades, which will be retired ...
ngola LNG Project expansion to increase natural gas supply for global demand, with Chevron and Azule Energy partnership

Angola LNG Project Eyes Expansion Amid Rising Natural Gas Demand

Angola’s LNG project is gearing up for a major expansion, with new supplies of natural gas expected in the coming ...
Drone view of a large industrial oil refinery with storage tanks and processing equipment

China’s Crude Oil Imports Continue to Slump

October marks the sixth consecutive month of lower imports compared to 2023.China’s crude oil imports continued to decline in October, ...
Petroleum drilling in the ocean

Apache to End North Sea Oil Production by 2030 Amid Increased UK Windfall Tax

APA Corporation cites higher tax burdens and regulatory uncertainties as primary reasons for the decision. In a significant development for ...
Three oil pumpjacks extracting petroleum at sunset, symbolizing the oil industry and energy production.

India’s Imports of Russian Crude Oil Continue to Climb

India continues to boost imports of Russian crude oil as Russia continues to be the single largest crude supplier to ...
Petroperu still operating without a board after last month’s mass resignation

Petroperu still operating without a board after last month’s mass resignation

(WO) – Peru’s government can’t find board members to lead its struggling state-owned oil company more than five weeks after ...
"Petrochemical oil refinery plant with industrial columns and pipelines under a clear blue sky"

Petrobras E&P strategy aims to get max oil output from current fields

(WO) – Petrobras is pushing to extract as much oil as possible from its existing fields in Brazil while simultaneously ...
"Oil pump jacks during sunset with Finixx Group contact details"

Geopolitical risk premium in oil market slips slightly, Goldman Sachs says

Oct 9 (Reuters) - Geopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases ...
An offshore oil drilling platform with bright orange structures floating on the calm ocean, with mountains visible in the distance and a cloudy sky above.

Iran suffers oil leak near top export terminal in Persian Gulf

(WO) – Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the ...
"Offshore oil rig in stormy ocean conditions, showcasing Finixx logo and contact details for petroleum drilling and exploration services."

South Africa poised for LPG gas boom amid electricity price hikes

CAPE TOWN, Oct 9 (Reuters) - South Africa's liquefied petroleum gas (LPG) business is poised for a boom, industry executives ...
CNOOC begins oil production offshore China utilizing new deepwater facility models

CNOOC begins oil production offshore China utilizing new deepwater facility models

(WO) – CNOOC Limited announced that the Liuhua 11-1/4-1 oil development offshore China has commenced production. The project is located ...
Sunset view of a shipping port with cranes and a tugboat navigating the water, representing Finixx global transportation and logistics.

TotalEnergies’ $9 billion investment offshore Suriname expands Atlantic oil and gas boom

(Bloomberg) – Total Energies SE is assembling a fleet of Deepwater rigs, support vessels and drilling crews offshore Suriname in ...
Wildcat exploration wells unearth oil and gas in Equinor’s latest North Sea  discovery

Wildcat exploration wells unearth oil and gas in Equinor’s latest North Sea discovery

(WO) – According to the Norwegian Offshore Directorate, Equinor and its partners have made an offshore oil and gas discovery ...
Offshore oil rig workers on a platform overlooking the ocean, with a drilling rig in the distance, by Finixx Group's petroleum operations.

OPEC again lowers 2024, 2025 global oil demand growth view

LONDON - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far ...