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Oil
Oil Field
Reabold Resources Ups Stake in Rathlin Energy
The £700,000 purchase, from Rathlin’s Canadian owners, Connaught Oil & Gas, takes Reabold’s total shareholding in Rathlin to nearly 80%.Under the deal announ…
Wind Farm
Orsted Picks Hornsea 3 Suppliers
Image: Matthew NicolJDR Cable Systems, Severfield and Smulders, all based in the North of England, will produce integral components and services for Orsted&rsqu…
Natural Gas
Austria’s OMV Terminates Gazprom Natural Gas Contract
Austrian oil and gas company OMV announced Wednesday the termination its long-term natural gas supply contract with Russia's Gazprom Export, citing multiple…
Crude Oil
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil su…
Gas Turbine
SSE Thermal and Siemens Energy Partner on Hydrogen-Ready Gas Turbines
SSE Thermal and Siemens Energy have launched a collaboration to deliver gas turbine technology capable of running on 100% hydrogen.The project is called Mission…
Natural Gas
RJM Wins Coal-To-Gas Upgrade for Spanish Power Plant
Combustion technology provider RJM International has secured an order for new combustion technology, including CFD combustion analysis and ultra-low NOx gas bur…
Net Zero
Emissions Fall In Hard-To-Abate Sectors but Still off Track to Reach 2050 Net-Zero Targets
The World Economic Forum’s latest Net Zero Industry Tracker shows progress in reducing emissions across eight hard-to-abate sectors—steel, aluminium, cem…
Oil Price
Oil Prices up With China Demand Hopes
Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth.…
Natural Gas
ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…
Natural Gas
Shell to Explore for Oil and Gas in the Black Sea
Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's excl…
Oil Exploration
ORLEN Ramps up Its Exploration Activity on the Norwegian Continental Shelf
A total of 6 exploration and appraisal wells were completed by ORLEN Upstream Norway in 2024, 4 more than the previous year. As a result, the company discovered…
Natural Gas
POGC Completes South Pars Overhaul Campaign Offshore Iran
Pars Oil and Gas Co. (POGC) has completed overhauls of the gas platforms at the South Pars field in the Persian Gulf.Ali-Mohammad Tahan, head of HSE at the comp…
Crude Oil
Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in Nov…
Crude Oil
OPEC Says Russia Made Small Cut to Oil Output in November
Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Count…
Crude Oil
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag…
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