Oil

McDermott secures a contract worth up to $1 billion from ADNOC, a key step in the UAE's plan to boost oil output while navigating sustainability goals.

Shipping firm C3is Inc. announces a 1-for-20 reverse stock split, its third in recent years, in a high-stakes bid to avoid delisting from Nasdaq.

With three new wells online and a key facility under construction, Westgate Energy outlines an ambitious plan to triple its well count in Alberta's Mannville Stack.

With fresh capital, the energy firm accelerates high-stakes testing in Namibia’s sensitive Kavango Basin and advances its new offshore asset in Gabon.

Toro Corp. paid a massive special dividend, exciting investors. We dig into the cash-vs-stock option, market reaction, and what it means for the firm's future.

As California refineries shut down, a massive pipeline project by Phillips 66 and Kinder Morgan aims to pump Midwest fuel west, promising relief.

Securing the rigorous API 6A certification, OMS Energy's Saudi arm is now poised to challenge industry giants for high-value oilfield service contracts.

Houston's Koil Energy has won a key deepwater contract, signaling a revival in the Gulf of Mexico and validating its strategy of integrated subsea solutions.

Vallourec's significant contract win for Shell's Orca project signals the enduring strategic value of Brazil's deepwater reserves and advanced tech.

Indonesia Energy Corp. starts pre-drilling for two new wells in Sumatra, a key move in its growth strategy and a boost for national energy security.

The world’s largest private oil producer expands its stake in the Vaca Muerta, betting its US shale expertise can unlock a world-class energy resource.

Scorpio Tankers locks in a five-year, $105M charter deal for two tankers, a strategic move to ensure revenue stability amid a volatile shipping market.

RPM International's 52nd straight year of dividend hikes cements its 'Dividend King' status. We look at the strategy behind this rare achievement.

The Faroe Islands-based oil firm pushes its critical debt restructuring deadline again, placing its future entirely on a pending deal and a single oil field.

After selling its Oklahoma assets, Amplify Energy has eliminated its debt and is now focusing its capital on high-potential Beta and Bairoil fields.

Sintana Energy's all-share acquisition of Challenger gets final approval, creating a new exploration leader with high-impact assets in Namibia and Uruguay.

A deep dive into the valuation impasse that scuttled a major oil merger, and what the fallout means for Parex, GeoPark, and Latin American energy M&A.