Brazil’s latest oil auction signaled a revival in offshore exploration, with Petrobras, Equinor, and Chinese firms among the winners. The pre-salt round saw five of seven blocks awarded, underscoring renewed deepwater interest despite soft crude prices and cautious global spending.
Ukraine strikes Lukoil offshore oil platforms in Caspian Sea
Ukraine said it struck multiple Lukoil-operated offshore oil platforms in the Caspian Sea,...
