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Oil
Oil&Gas Drilling
Prosafe Signs $109 Million Contract Extension With Petrobras for Offshore Brazil Work
Prosafe has signed a contract extension with Petróleo Brasileiro S.A. (Petrobras) for the provision of the Safe Zephyrus semi-submersible vessel for safe…
Natural Gas
Norway Reports Record Natural Gas Exports From NCS in 2024
Gas production hit 124 billion standard cubic metres in 2024, surpassing 2022’s total of 122.8 billion.Norway achieved a record level of natural gas expor…
Crude Oil
BP Projects 44 per Cent Jump in Oil Output From India’s Largest Field
Global energy major BP (BP.L) has pledged to lift oil production by 44 per cent and gas output by 89 per cent from India’s largest field off its west coas…
Crude Oil
SLB Awarded Multi-Region Deepwater Contracts by Shell to Support Capital-Efficient Energy Development
Global energy technology company SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its d…
Oil & Gas Trade
Asia’s EV Boom Sours Appetite for Nigeria’s Oil
The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crud…
Gas Turbine
China’s Guangming Plant Starts Commercial Operation, Powered by GE Vernova’s H-Class Equipment
Shenzhen, Guangdong Province, China (January 9, 2025) - GE Vernova Inc. (NYSE:GEV) and Harbin Electric today announced that Chinese state-owned power utility Sh…
Oil & Gas Trade
Angola’s Faster February Oil Sales Signal Better Demand in Asia
The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyer…
Oil & Gas Supply
Bangladesh Announces Days of Countrywide Gas Supply Halt Again
State-owned Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) has announced a countrywide disruption in natural gas supplies to its customers for three …
Crude Oil
Looking for More Oil at Kuparuk River
Development at West Sak, the heavy oil accumulation at the Kuparuk field on Alaska's North Slope, is in the news a lot these days, but Kuparuk operator Cono…
Oil & Gas Supply
Australia’s Most Populous States Face Gas Shortfalls From 2027
Australia’s east coast is expected to have a shortfall of domestic gas supply from 2027 unless new gas fields are soon brought online, according to the na…
Crude Oil
Dangote Refinery Builds Eight More Tanks for Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r…
Gas Pipeline
Los Angeles-Area Wildfires Could Impact Gas Line to Southern Nevada
Clark County said that the fuel line service to Southern Nevada could be impacted by Los Angeles-area wildfires.As a result of the fires in California, Clark Co…
Gas Pipeline
LA Power Outages Cause Gas Pipeline to Las Vegas to Be Shut Down
A fuel pipeline that connects the Las Vegas market to a major oil refinery in Southern California has been closed since just before noon Wednesday and remains s…
Oil&Gas Drilling
Pioneer Energy Secures $27M From US DOE for Emission Reduction Projects
Pioneer Energy announced its selection by the US Department of Energy (DOE) for four grants collectively valued at $27m. Three of these awards aim to develop th…
Crude Oil
BP Partnership to Boost ONGC Revenue by $10.3 Billion Over 10 Years
ONGC had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields.State-owned Oil and Natural …
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