World Oil

09/02/2026

Shell will take stakes in two bp-operated exploration opportunities, acquiring 50% of the Tupinambá block offshore Brazil and 30% of the deepwater Conifer prospect in the Gulf of America.

Shell will take stakes in two bp-operated exploration opportunities, acquiring 50% of the Tupinambá block offshore Brazil and 30% of the deepwater Conifer prospect in the Gulf of America.

09/02/2026

bp has appointed Ian Tyler as permanent chair with immediate effect after he served in the interim role since May, completing another key step in the company's recent leadership transition.

bp has appointed Ian Tyler as permanent chair with immediate effect after he served in the interim role since May, completing another key step in the company's recent leadership transition.

09/02/2026

The models making the biggest difference in energy operations are not always the ones making the headlines.

They are the ones running inside the enterprise. Deployed in environments where data cannot leave the building. Governed by requirements that generic cloud APIs were never designed for.

We are glad to welcome Cohere as the Lanyard Sponsor of the EnergyAI Users Group Annual Conference 2026.

Cohere builds enterprise AI models purpose-built for business deployment: powerful language models that run in your own cloud, on-premises, or in a private environment, without sensitive operational data leaving your control. For energy companies managing proprietary reservoir data and regulated information, that is not a preference. It is a requirement.

Join us September 28 at the Thompson Houston in Houston, TX.

Register now: houstonenergy.ai/conference

09/02/2026

🚢 Modern shipping runs on satellite connectivity — fleet management, automated routing, and crew welfare all depend on continuous cloud access 🛰️

But that deep digital integration comes with a catch: it exposes critical vessel systems to increasingly sophisticated cyber threats ⚠️

Cyber criminals are targeting vulnerabilities in oceanic communication infrastructure, putting both corporate data and physical ship safety at risk 🔓

Join our upcoming webcast where industry experts from Honeywell dissect real-world threat vectors targeting marine satellite terminals and onboard networks 🔍

You'll walk away with actionable strategies to:
🔐 Implement robust network segmentation
🛡️ Secure remote access protocols
📋 Comply with evolving international maritime cybersecurity regulations

Defend your floating assets and stay operationally resilient in the face of complex digital threats 🌊

Register Now https://event.on24.com/wcc/r/5432100/19E554DB41258A06BD8B11FAC20AB967?partnerref=SocialMedia

09/02/2026

Flow regime identification has been a petroleum engineering problem for decades. Determining whether you are moving oil, gas, a slug, or a mixture through a given section of pipe, in real time, from diagnostic data, under varying pressure and temperature, is genuinely difficult work.

Aramco Americas built a serverless LLM platform to do it automatically.

Uchenna Odi, Petroleum Engineering Specialist and Digital Transformation AI Technology Team Lead at Aramco Americas, presents this deployment on September 28. This is what it looks like when an LLM moves past document summarization into field engineering.

Register now: houstonenergy.ai/conference

EnergyAI Users Group Annual Conference | September 28 | Thompson Houston | Houston, TX

09/02/2026

JUST IN: Chevron has officially confirmed plans to significantly expand its Venezuela operations, announcing more than $7 billion in investment over five years and a target to more than double production to approximately 600,000 bpd.

Chevron plans to invest more than $7 billion in Venezuela over the next five years and more than double production to approximately 600,000 bpd after securing additional acreage in the Orinoco Belt.

09/02/2026

A new U.S.-Venezuela oil agreement covers 17 fields containing approximately 65 Bbbl of proven reserves, with North American Blue Energy Partners planning up to $100 billion in investment to expand Venezuelan oil production and infrastructure.

A new U.S.-Venezuela oil agreement covers 17 fields containing approximately 65 Bbbl of proven reserves, with North American Blue Energy Partners planning up to $100 billion in investment to expand Venezuelan oil production and infrastructure.

09/02/2026

Comstock Resources has announced a $1.65 billion strategic partnership with Azerbaijan's SOCAR and a $450 million drilling venture with Jerry Jones to accelerate development of its Legacy and Western Haynesville natural gas assets.

Comstock Resources has announced a $1.65 billion strategic partnership with SOCAR and a $450 million drilling venture with Jerry Jones to accelerate development of its Legacy and Western Haynesville natural gas assets.

09/01/2026

Chevron is nearing a deal to operate two giant oil fields holding billions of barrels of heavy oil in Venezuela’s Orinoco Belt, potentially marking a major expansion of the U.S. producer’s footprint in the country.

Chevron is nearing a deal to operate two giant oil fields holding billions of barrels of heavy oil in Venezuela’s Orinoco Belt, potentially marking a major expansion of the U.S. producer’s footprint in the country.

09/01/2026

Ranger Energy Services will acquire STEP Energy Services’ U.S. coiled tubing assets for $27.5 million, adding 13 coiled tubing spreads and significantly expanding its Permian and Bakken operations.

Ranger Energy Services will acquire STEP Energy Services’ U.S. coiled tubing assets for $27.5 million, adding 13 coiled tubing spreads and significantly expanding its Permian and Bakken operations.