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Equinor and its partners are investing more than NOK 4 billion ($390 million) to expand the Troll field, a giant …

Kazakhstan’s 12th hydrocarbon licensing round puts 30 suboil plots across roughly 53,000 sq km on offer, backed by more than …

FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.

Brava Energia's acquisition of Petronas' 50% share in Brazilian oil assets marks the country's first major M&A deal of 2026, positioning the company for increased production capacity and potential top five ranking.

Africa is expected to lead global high-impact oil and gas drilling in 2026, with a 38% success rate for high-impact wildcat wells and a 53% increase in total discovered volumes.

Global oil discoveries have significantly declined over the past decade, with annual conventional discovered volumes averaging 8 billion barrels of oil equivalent (boe) per year since 2020, compared to 20 billion boe per year in the early 2010s.

Global oil discoveries have declined to decade lows, averaging 8 billion barrels of oil equivalent (boe) annually since 2020, and further dropping to 5.5 billion boe between 2023 and September this year, despite several frontier finds.

Woodside Energy, Australia's largest oil and gas firm, has raised its 2025 production guidance to 192-197 million barrels of oil equivalent (boe) and lowered expected production costs to $7.6-$8.1 per barrel.