COGNICURRENT

A farmer in Ceará, Brazil, discovered a liquid that may be oil while drilling for water, but he will not have the rights to sell any confirmed oil found on his property.

A team in Trondheim is leading an oil search in an exhausted gas field in the North Sea, facing skepticism but persisting with the drilling operation.

Eni reported higher-than-expected production and maintained profitability despite a slight drop in overall earnings, driven by significant performance in the fourth quarter and recent exploratory successes.

The National Agency of Petroleum (ANP) is opening an administrative process to investigate a potential oil discovery in Tabuleiro do Norte, Ceará, made by a farmer drilling for water.

A Brazilian farmer may have discovered oil instead of water while drilling for a well on his property in Tabuleiro do Norte, Ceará.

Gulf Energy has secured an onshore oil drilling rig worth over Sh2 billion for its Lokichar oil project, aiming for production before the year's end.

Russia's oil production is facing challenges as drilling activities reach a three-year low, exacerbated by Western sanctions and economic pressures.

A Turkish drilling ship, Cagri Bey, is en route to Somalia to begin oil exploration as part of a controversial oil agreement.

Tony Blair calls for Labour to resume oil drilling in the North Sea, opposing the UK government's plans to phase out oil and gas production.

Ibama has imposed a R$ 2.5 million fine on Petrobras for a fluid leak during drilling operations in the Foz do Amazonas basin, which occurred in January.

Ukrnafta has set a new record by drilling 25 new wells in 2025, resulting in a 3.39% increase in oil and gas production compared to the previous year.

Seadrill, an American drilling company, incurred a substantial loss of approximately 854 billion won to Korean institutions due to unpaid loans, while also gaining significant profits through its participation in the Great Whale oil drilling project.

Ghana's only public oil refinery resumed operations in December 2025 after a four-year hiatus, supported by over three billion dollars in promised investments in exploration and drilling.

Ukrainian military forces announced that they struck three drilling platforms owned by Russian Lukoil in the Caspian Sea.

An accident occurred during test drilling by Brazil's state-controlled oil company Petrobras in the Amazon basin, resulting in the loss of 15,000 liters of coolant, raising concerns among experts about the sensitive ecosystem.

Petrobras reported a 'fluid loss' during drilling operations offshore in the Amazon, but assured that the lost fluid is biodegradable and within toxicity limits.

A tragic incident in 1983 saw five divers perish in the North Sea after a fatal miscalculation led to them experiencing explosive decompression at extreme depths.

A tragic diving accident on an oil drilling rig led to the deaths of five divers, described as some of the most gruesome in history.