Latest News
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06 Sep 26
Israel: Zion Oil & Gas completes horizontal drilling section at MJ-02 well in Israel
Zion Oil & Gas has successfully completed drilling and casing the horizontal section of the MJ-02 well. -
06 Sep 26
Malaysia: PETRONAS advances Malaysia's upstream data platform with agentic AI to accelerate E&P investment
PETRONAS, through Malaysia Petroleum Management (MPM), recently signed an agreement with Iraya Energies to enhance PETRONAS myPROdata with Agentic AI capabilities, providing investors and industry players with insight to Malaysia’s exploration and production data to support informed investment decisions and reinforce the country’s attractiveness as an upstream investment destination. -
06 Sep 26
UK: Baker Hughes awarded offshore production enhancement and stimulation services contract by bp
Baker Hughes, an energy technology company, has announced a significant award from bp to provide offshore stimulation services across the company’s UK North Sea operations. The award supports both new well development and enhanced recovery from mature fields. -
06 Sep 26
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 6 September 2026, to review global market conditions and outlook. The seven participating countries decided to maintain September 2026 required production for October 2026.
