Oil

LNG
Golar LNG Buys Remaining Stake in Flng Unit for $90M
Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch…
Natural Gas
Santos’ Hook-up of New Well to Existing Gas Hub Offshore Australia Gets the All-Clear
Australian energy player Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable …
Russian
Global Oil Demand to Gain 1-1.5 Mbd in 2025
Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interv…
Crude Oil
Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion
Nine oil companies operating in the Kurdistan region of Iraq requested compensation of $24 billion because of the suspension of oil exports through Turkey.Econo…
Renewable Diesel
K-State Biochemists Make Significant Breakthrough in Increasing Purity of Specialized Plant Oils
Using synthetic biology techniques, K-State biochemists have made significant breakthroughs in cultivating camelina and pennycress.Some of the more commonly kno…
Oil Exploration
ACREP to Start Exploration in Angola’s Cabinda Norte Block In 2025
Angolan upstream firm ACREP plans to begin oil exploration in the onshore Cabinda Norte Block in Angola in 2025. The aim is to identify and unlock the economic …
Oil Exploration
Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary …
Oil&Gas Drilling
Vår Energi Granted License to Drill North Sea Exploration Well
Vår Energi ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea.Exploration well 7/1-3 will be drilled in production l…
Natural Gas
Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged …
Iran
Iran Set to Slash Fuel Subsidies in Sensitive Move
Iran is due to ease fuel price subsidies, according to documents reviewed by Iran International, in a politically sensitive move likely approved by the country&…
Oil Price
Oil Prices up in Thin Pre-christmas Trade
Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the …
India
Oil India to Launch Subsidiary for Green Energy Ventures
Oil India Ltd. (OIL) has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. The sta…
Oil&Gas Drilling
UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs
The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally.ADNOC Drilling …
Oil&Gas Drilling
Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin
Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.The Calgary-based company says the trans…
Oil&Gas Drilling
Zephyr Energy Secured a Rig for Drilling Operations at Paradox, Scheduled to Commence in January.
Zephyr Energy plc (AIM: ZPHR), a Rocky Mountain-based oil and gas company committed to responsible resource development and carbon-neutral operations, has provi…

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Oil

Golar LNG Buys Remaining Stake in Flng Unit for $90M

Santos’ Hook-up of New Well to Existing Gas Hub Offshore Australia Gets the All-Clear

Global Oil Demand to Gain 1-1.5 Mbd in 2025

Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion

K-State Biochemists Make Significant Breakthrough in Increasing Purity of Specialized Plant Oils

ACREP to Start Exploration in Angola’s Cabinda Norte Block In 2025

Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia

Vår Energi Granted License to Drill North Sea Exploration Well

Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan

Iran Set to Slash Fuel Subsidies in Sensitive Move

Oil Prices up in Thin Pre-christmas Trade

Oil India to Launch Subsidiary for Green Energy Ventures

UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs

Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin

Zephyr Energy Secured a Rig for Drilling Operations at Paradox, Scheduled to Commence in January.