Gas drilling

Oil&Gas Drilling

ADX Ramps up European Gas Pursuit at Welchau Well

ADX Energy’s hunt for 807 billion cubic feet (Bcf) of European gas is continuing to gather steam, with the drilling of its Welchau-1 exploration well in A…

Oil&Gas Drilling

OPEC+ Members Extend Oil Output Cuts to Second Quarter

A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeg…

Oil Exploration

FG Eyes 2.5 Million Barrels Daily Oil Production

Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…

Oil&Gas Drilling

Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec

Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…

Oil&Gas Drilling

Saudi Arabia Announces Major Gas Discovery at Jufurah Field

Saudi Arabia announced a major gas discovery on Sunday at the state oil company Aramco's Jufurah field.Energy Minister Prince Abdulaziz bin Salman said an a…

Oil & Gas Trade

Aramco Announces Big Gas, Condensate Find in Saudi Arabia

Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field…

Oil&Gas Drilling

Metamorphic Rock Oilfield in Bohai Sea Sees Cumulative Proven Reserves Over 200 Mln Cubic Meters

China's largest offshore crude oil and natural gas producer announced Sunday that the cumulative proven oil and gas reserves of its Bozhong 26-6 oilfield ha…

Oil&Gas Drilling

At Saudi Aramco's Jafurah Field, Another 15 Trln Standard Cubic Feet of Gas Reserves Proven

The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File Photo Purchase Licensing Rights, ope…

Oil&Gas Drilling

Exxon Considering Guyana Offshore Gas Production After 2029

A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle Purchase Licensing RightsAn Exxon Mobil-led co…

Oil & Gas Supply

Petrobras to Invest $1.5 Billion in Hisep Decarbonization Tech

Worker repair a tank of Brazil's state-run Petrobras oil company in Brasilia, Brazil September 30, 2015. REUTERS/Ueslei Marcelino Purchase Licensing RightsB…

Natural Gas

Pakistan's OGDLC Makes "Significant" Natural Gas Discovery at Exploratory Well

Pakistan’s state-owned Oil and Gas Development Company (OGDCL) announced a significant natural gas discovery at it’s Kharo-1 well in the Khewari exp…

Oil & Gas Trade

Russia's Crude Oil Delivery Problems to India Aren't Over Yet

A worker guides drilling pipes at a gas drilling rig on the Gazprom PJSC Chayandinskoye oil, gas and condensate field, a resource base for the Power of Siberia …

Oil&Gas Drilling

China-Developed Deepwater Gas Field Reports Record High Gas, Oil Output

China's first independently-developed and built ultra-deepwater gas field Shenhai Yihao, or Deep Sea No.1, has recorded an accumulated natural gas output of…

Oil&Gas Drilling

US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks - Baker Hughes

The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/…

Oil&Gas Drilling

Welchau-1 Spud Imminent as Adx Hunts Austrian Gas Giant

ADX Energy’s Welchau-1 drill pad in Austria. Credit: File.ADX Energy will start spinning the drill bit in a week at its giant Welchau gas prospect in Aust…