Industry News

'The Nuna project is the 49th drillsite developed within the KRU and is the first drillsite developed in the Greater Kuparuk Area in nearly a decade'.

India's state oil refiners are finding it hard to buy the volume of Russian crude they need, according to people familiar with the matter.

Expro said has been supplying subsea safety systems and well test equipment to the client for almost 15 years.

North America cut 25 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The company described the contract as substantial, which it defines as having a value between $250 million and $500 million.

The EIA's next weekly petroleum status report is scheduled to be released on December 27 and will show data for the week ending December 20.

Twenty percent or 448.5 Bcf of natural gas imported into the EU in the third quarter came from Russia, up two percentage points from the previous quarter and five percentage points against the third quarter of 2023.

'The exploration opportunities provide Whitebark with exposure to the fast-growing white hydrogen industry, in conjunction with high-demand and high-priced helium, and hydrocarbons to fuel Australia's energy transition requirements'.

As part of the concession, the partners plan to supply around 70 (MMscf) of sales gas.

The state aid covers the operator's losses for the duration of the FSRUs' charter period.

'Given the technical risks associated with any further investment, it was decided that the Company's capital is better spent on the other assets held by Europa'.

'It's not over until Trump officially takes power'.

'Given there are three different aid measures (equity, guarantees, two-way CfD) that together limit the risk for the beneficiary, it is important to ensure that overall no more aid than what is strictly necessary is ultimately granted'.

The bloc purchased a record amount of Russian LNG this year, according to ship-tracking data compiled by Bloomberg.

Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.

Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.

Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.

The transaction will result in the Houston, Texas-based downstream oil and gas player exceeding a $3 billion divestment plan.

The U.S. is the world's largest producer of crude oil and the biggest exporter of liquefied natural gas.

Energy Transfer signed an agreement to supply Chevron two MMtpa of LNG over 20 years from the planned Lake Charles LNG in Louisiana.