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Oil and gas
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
Oil&Gas Drilling
Shell Makes Significant Oil & Gas Discovery Offshore Namibia
Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year.
Crude Oil
Norway Recorded Higher Oil & Gas Output in December
Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr…
Geothermal Power Plant
DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells
The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.
Crude Oil
Tunisia's Energy Output up 33% in 2021 to 4.7mln Tonnes of Oil Equivalent
Energy deficit reached 4.1mln tonnes of oil equivalent
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Oil Field
Equinor Makes Oil Discovery Near Existing Infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery, located near the Fram field in the North Sea offshore Norway, and will consider tying it to …
Oil Field
PetroRio Forging Ahead with Field Development off Brazil
Brazilian oil and gas company PetroRio has undertaken the required steps to move forward with the development of the Wahoo field – located offshore Brazil.
Oil Refinery
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today Bbecome the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of g…
Hydrogen Project
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today become the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of gr…
Oil and Gas Equipment
Coal-to-Liquid Plant in Ningxia Reaches Full Capacity
A project converting coal into oil in northwest China's Ningxia Hui Autonomous Region had produced 4.05 million tonnes of products this year as of 9:17 a.m. Sun…
Net Zero Emission
New Oil And Gas Projects In UK Need To Pass Net-Zero Test
The checkpoint will apply to any future oil and gas licenses to ensure they are aligned with the UK’s climate change commitments and net-zero by 2050 target, t…
Colombia
Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling
Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this de…
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