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Oil & Gas
What Would War-End Mean for Global Oil and Gas?
The end of the war in Ukraine would reduce pressure on Western governments to continue expanding sanctions on Russia’s oil and gas sector.That’s acc
Oil & Gas
India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says
India will secure oil from anywhere as long as the terms are beneficial, India’s energy minister told CNBC.India is the third largest oil consumer in the
Oil & Gas
BP Posts Record Profit and Raises Dividend on Oil Price Boost
Fuel prices at a BP filling station in Liverpool. BP will invest up to $1 billion a year in 'high quality' oil and gas projects. PAOil company BP has po
Oil & Gas
Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed
Adverse weather conditions are obstructing loading operations at Turkey’s Ceyhan port, where the impact of Monday’s immense twin earthquakes is stil
Oil & Gas
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from
Oil & Gas
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 ea
Oil & Gas
Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC
Singapore, 31 January 2023 – Mayer Brown advised Itochu Corporation in connection with a 15-year Liquified Natural Gas (LNG) sale and purchase agreement with R
Oil & Gas
EU Ramps up Non-Russian Diesel Imports Ahead of Embargo
EU imports of non-Russian gasoil and diesel rose sharply last week, helping to build up inventories ahead of the bloc's impending embargo on Russian oil pro
Oil & Gas
Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal
Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, sa
Oil & Gas
Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different
ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.ExxonMobil,
Oil & Gas
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu
Oil & Gas
Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli
Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita
Oil & Gas
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy
Oil & Gas
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest
Oil & Gas
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year
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