Norwegian oil company OKEA has with partners Petoro and Neptune Energy decided to develop the Hasselmus offshore gas discovery in the Norwegian Sea as a tie-back to the Draugen platform.

Iran’s oil minister said the country can increase its crude production rapidly, as world powers enter the final stages of negotiations to revive a 2015 nuclear accord with the Islamic Republic.

Energy giant TotalEnergies said on Friday it had gone as far as it could for now to limit the revenues going to the military junta in Myanmar while staying within a legal framework and assuring power supplies.

Petronas's first-quarter profit more than doubled on the back of recovering commodity prices, but the Malaysian state oil firm cautioned demand prospects hinged on vaccines preventing a resurgence of the COVID-19 pandemic.

At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved, almost unanimously, the resolution to change the company’s name from Total to TotalEnergies, thereby Iran started its first transfer of crude oil via its strategic Goreh-Jask pipeline, allowing the country to bypass the Strait of Hormuz, the state-run Islamic Republic News Agency reported.

The days of promoting liquefied natural gas as “freedom gas” or “molecules of freedom” have ended at the U.S. Department of Energy.

Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC (Vertex Energy).

Oilfield services company Archer is set to complete the previously announced acquisition of rival DeepWell.

Norwegian oil firm Equinor has been granted drilling permission for an exploration well in the Norwegian Sea.

With the busiest part of the Atlantic and Gulf of Mexico hurricane season fast approaching, the U.S. oil and natural gas industry is taking steps to ensure the safety of facilities, employees and communities during heavy weather events.