Oil

Natural Gas

Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring

Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated…

Oil&Gas Drilling

Noble Rigs and Stena Drillship Get down to Oil & Gas Drilling Business Offshore Guyana

Noble Don Taylor drillshipFour mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down an…

Oil Field

Chevron Takes the Operator Helm at Two Blocks in Namibian Waters

Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offsho…

Crude Oil

Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say

Chevron logo is seen in this illustration taken, October 23, 2023.Chevron (CVX.N), is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources fam…

Crude Oil

Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles

Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A…

Oil&Gas Drilling

US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says

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.U.S. ener…

Natural Gas

Sarawak Gas Deal Has Limited Impact on Petronas Earnings, Analyst Says

The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in …

Oil&Gas Drilling

Falcon Oil & Gas Completes Stimulation of Shenandoah Well

Falcon Oil & Gas Ltd (AIM:FOG, TSX-V:FO) shares soared nearly 20% higher in Friday’s early deals, after it completed the stimulation of its Shenandoah SS-…

Oil Refinery

China Oil Teapots Cut Run Rates to Pandemic Levels

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key s…

Oil Field

Production Begins in Mega Metamorphic Rock Oilfield in China’s Bohai Sea

The first phase of Bozhong 26-6 oilfield, by far the largest metamorphic rock oilfield in the world, commenced production on Friday.The development project of t…

Oil Price

Oil Set for Third Straight Weekly Decline Amid Tariff Concerns

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…

Nuclear Power Plant (NPP)

Vietnam Looks to Accelerate Construction of Nuclear Power Plants

Prime Minister Pham Minh Chinh speaking at the steering committee meetingVietnam's Prime Minister Pham Minh Chinh has instructed two state-owned groups, Ele…

Oil Shale

Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader

Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s…

Oil Field

Totalenergies Begins Drilling First of Two Planned Oil Prospects Offshore Namibia

Deepsea Mira rigAfter discovering more black gold resources in Namibia’s Orange Basin, France’s energy giant TotalEnergies has moved to the next wel…

Crude Oil

US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.Growth in oil output from…