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.
Major UK CCS project clears milestone toward offshore CO₂ storage
Spirit Energy's Morecambe Net Zero CCS project has entered the North Sea Transition Authority's...
