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Drilling
Oil&Gas Drilling
Biden Says “No More Drilling” at a Rally
“No more drilling…there is no more drilling,” said U.S. President Joe Biden at a campaign rally in New York state on Sunday when asked by a person in the cro…
Oil&Gas Drilling
Drillers Ask U.S. To Exempt Smallest Wells From Looming Methane Rule
Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rules requiring drillers …
Oil&Gas Drilling
ADNOC Awards Record US$4bn in Framework Agreements for IDFS
In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.
Oil Field
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…
Oil&Gas Drilling
Indonesia’s Pertamina Starts First Underground Carbon Injection Tests
Indonesia's Pertamina launched its first underground carbon injection tests this week, as the state energy firm seeks to cut carbon emissions while increasing o…
Paris Climate Agreement
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
Oil&Gas Drilling
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…
Crude Oil
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
Adnoc Drilling Secures $1.53bn Contract to Boost Adnoc's Offshore Operations
More than 80% of the contract value will flow back into the UAE economy through Adnoc's In-Country Value programme
Oil&Gas Drilling
UK Launches Licensing Round for New Oil and Gas Projects
Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses
Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Natural Gas
Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…
Oil&Gas Drilling
US Offshore Regulator Seeks to Strengthen Well Control Rules
Proposed changes include altering several adjustments made during the Trump administration
Oil&Gas Drilling
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
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