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Oil and gas producer
Oil & Gas Trade
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…
Oil & Gas Trade
Oil Producer Hess Beats First-Quarter Profit, Makes New Discovery in Guyana
Credit: REUTERS/DADO RUVICUpdate with details on result, Guyana discoveryApril 26 (Reuters) - Oil and gas producer Hess Corp HES.N on Wednesday beat Wall Street…
Gas power plant
Capstone Gets Order for Two Microturbines
The C200S can be fueled by pipeline natural gas. (Photo: Capstone Green Energy.)Capstone Green Energy Corporation has secured a follow-on order for two C200S mi…
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
Canada
Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…
Crude Oil
UK’s Market-Defying North Sea Oil IPO Falls Flat
After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …
United Kingdom
UK North Sea Firm Ithaca Energy Presses Ahead With London Listing
North Sea oil and gas producer Ithaca Energy said on Tuesday it was going ahead with its plans to list in London and was seeking admission of its ordinary to th…
United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
Norway
Norway’s Hydropower Reserves Hit Hard by Drought
While Europe scrambles to procure natural gas for winter power generation and heating, Western Europe’s biggest oil and gas producer, Norway, has a whole diffe…
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
Energy Transition
Eni to Invest €2.5BN in UK’s Energy Sector
The oil and gas producer has said it will boost carbon capture and renewable energy projects.
Crude Oil
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top…
Oil Shale
U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal
U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.
Crude Oil
Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent
The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, produced more than 30 million tonnes of oil and gas equivalent…
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
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