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Shell Maintains Buyback Rate with New $3B Plan

Shell PLC on Thursday announced a new $3 billion share repurchase program, at par with the prior package.The British energy giant said that is...

Aramco Mulls New Oil Pricing for Asia

Saudi Aramco is preparing a new selling price for oil loaded at Egypt’s Mediterranean port of Sidi Kerir for delivery to Asia after attacks...

Shearwater to explore carbon storage potential in Australian waters

Norwegian Shearwater GeoServices has been tasked with a seismic survey offshore Australia to explore carbon storage potential in the Bonaparte Basin, marking its second...

Trillion Energy becomes Dune Oil Corp.

Canadian oil & gas player Trillion Energy is changing its name to Dune Oil Corp. as part of its strategic pivot to oil development...

New contracts for Singaporean vessels after completing activities ‘beyond their traditional scope’

Three vessels owned by Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) have secured new offshore contracts after completing a series of...

Harbour Energy’s US arm advances repair plan after riser leak at Gulf of America oil & gas asset

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has seen a drop in output at its asset in the Gulf of America (U.S. Gulf...

Farnborough Airshow live: Day three kicks off hoping to beat Tuesday’s 82 orders

Day three of Farnborough Airshow 2026 kicks off looking to surpass Tuesday’s 82 firm aircraft orders split between the main commercial manufacturers Airbus, Boeing...

Oil Climbs as Shipping Threats Grow

Brent oil advanced to the highest since early June as traders weighed threats to maritime traffic that span from the Strait of Hormuz and...

$6.2-billion FID enables ADNOC, TotalEnergies, Eni, and CNPC to unleash more gas

ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), and its partners – France’s TotalEnergies, Italy’s Eni, and China National Petroleum Corporation...

Chevron books Velesto’s 2015-built rig on multimillion-dollar gig in Southeast Asia

Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of premium jack-up rigs, has secured a deal to provide a jack-up rig for...

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