By Editor , 30 October 2026
Oil Producers Post Surging Q3 Profits as Brent Hits $123

Dallas – October 29, 2026 -- Brent crude spot prices reached $123.10 per barrel on October 27, with WTI at $103.37, as third-quarter results from PetroChina, Eni, Equinor and Phillips 66 showed sharply higher profits in a supply-constrained market, according to EIA daily data.

By Editor , 19 September 2026

Hamilton, Bermuda – September 18, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) confirmed that its jack-up rig Odin began earning dayrate revenue offshore Texas on September 11, 2026, following mobilization in mid-August and completed acceptance testing.

Odin starts dayrate operations offshore Texas after August mobilization

The rig's contract activation marks the completion of a testing phase that followed its move to the U.S. Gulf Coast, giving Borr an active revenue-generating asset in the Americas region.