Industry News

Well-Safe Solutions Appoints Adrin Shafil as Country Manager for Malaysia

Industry News - Thu, 2024-09-26 06:40
Global energy transition specialists Well-Safe Solutions have brought Adrin Shafil on board as the company's country manager for the Malaysian market.

EU Official Says Bloc Is Not In Talks on Gas Transit Via Ukraine

Industry News - Thu, 2024-09-26 06:17
Some government and company officials are in discussions about potential imports of gas from Azerbaijan through Russia and Ukraine to replace a transit deal that expires at the end of the year.

Almost a Third of GOM Oil Production Shut In Due to Hurricane Helene

Industry News - Thu, 2024-09-26 03:25
'We have shut in production at our Chevron-operated Gulf of Mexico facilities and evacuated all associated personnel', Chevron said.

Oct, Nov Typically Most Volatile Months for Gas Prices, Analyst Says

Industry News - Thu, 2024-09-26 02:41
'It is when investors shift their focus from the summer season to the heating season'.

Exxon Paid More Tax to UAE Than Any Other Country in 2023

Industry News - Thu, 2024-09-26 02:05
Exxon Mobil Corp. revealed it paid $7.41 billion in taxes and royalties to the United Arab Emirates last year.

Scottish Court Agrees to Hear Rosebank Oil Field Climate Case

Industry News - Wed, 2024-09-25 16:00
The Court of Session in Edinburgh has agreed to hear arguments brought by climate campaigners seeking to block the Rosebank oil and gas development.

Oil Prices Drop as Libya's Factions Reach Central Bank Compromise

Industry News - Wed, 2024-09-25 15:02
The prospect of restored Libyan oil production following a political deal, combined with OPEC+ supply concerns, pushed WTI below $70 per barrel.

Eni Publishes Methane Report, Highlights Emissions Reduction Efforts

Industry News - Wed, 2024-09-25 15:00
Eni unveiled its first dedicated Methane Report.

Petrofac Secures Forbearance Agreement Extension

Industry News - Wed, 2024-09-25 13:30
Petrofac Limited announced that it has extended its existing forbearance agreement.

Is Oil More Likely to go to $60 or $100 in 2024?

Industry News - Wed, 2024-09-25 10:23
Is oil more likely to go to $60 per barrel or $100 per barrel this year?

Halliburton Enhances Fracturing Automation With Its New Service

Industry News - Wed, 2024-09-25 09:50
Halliburton Company has just unveiled its Octiv Auto Frac service.

MOL Group Signs Deals to Develop Gas Reserves in Azerbaijan

Industry News - Wed, 2024-09-25 09:40
The current ACG production sharing agreement framework is modified by the commercial agreements.

Point Energy Completes $1.1B Sale to Vital, NOG

Industry News - Wed, 2024-09-25 09:07
'We have enjoyed collaborating with and look forward to watching Vital and NOG build upon the success achieved to date on these assets'.

Federal Mandates to Cause Loss of Up To $5B in Saskatchewan: Report

Industry News - Wed, 2024-09-25 08:18
'This report arms us with additional, independent evidence to constitutionally challenge the two mandates'.

TotalEnergies to Supply LNG to Korea's HD Hyundai Chemical

Industry News - Wed, 2024-09-25 07:47
'This agreement allows us to continue securing long-term sales in Asia and reduce our exposure to spot market gas prices'.

DNO Outlines Heisenburg Discovery, Eyes Tieback

Industry News - Wed, 2024-09-25 07:23
The license partnership is studying a tieback of Heisenberg to nearby infrastructure in the North Sea.

Chevron Paid More to African Petrostates Than the USA in 2023

Industry News - Wed, 2024-09-25 07:21
Chevron Corp. paid $6.25 billion in taxes and shared oil production to Nigeria, Angola, and Equatorial Guinea in 2023.

BSEE Activates Hurricane Response Team for Storm Helene

Industry News - Wed, 2024-09-25 06:33
'After the storm has passed, facilities will be inspected'.

Great British Energy to be Headquartered in Aberdeen

Industry News - Wed, 2024-09-25 04:28
Two additional sites will open in Edinburgh and Glasgow.

Trump Plans Texas Oil Country Donor Blitz to Shrink Money Gap With Harris

Industry News - Wed, 2024-09-25 03:18
Donald Trump is planning a fresh fundraising swing through Texas.

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