Next week’s OPEC+ meeting will most likely focus on assessing the current oil environment rather than on revising production targets as the market looks balanced so far, according to Russia, a leading member of the group.

Halliburton Co. sees the pace of the rebound in overseas demand for oilfield services picking up through the rest of the year after the recovery in global crude prices.

Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.

Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. 

Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.

Mozambican businesses looking to cash in on Africa’s biggest private investment are facing disaster after an attack by Islamic State-linked militants on a town close to Total SE’s $20 billion natural gas export project.

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.

The U.S. Coast Guard said on Monday it will call off its search at sunset for the remaining eight crew members missing from the lift boat Seacor Power, which capsized in the Gulf of Mexico last week.

Maersk Drilling has been awarded a contract with Karoon Energy Ltd for the semi-submersible rig Mærsk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to commence in the first half of 2022, with a firm duration of 110 days.

Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incident was still "too high."