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GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025
(Source: Rystad Energy – Image: Frack operation in the Permian Basin/Lorne Matalon)Rystad Energy expects the global market for oil and gas contractors to
Oil & Gas
UK Energy Company Centrica Triples Profit
British Gas owner records earnings of £3.3bn for 2022 on the back of Russian invasion of Ukraine
Oil & Gas
First GECF Monthly Gas Market Report now available
Doha, QATAR – 15 February 2023: The GECF is pleased to unveil the inaugural edition of the Monthly Gas Market Report (MGMR). This new publication offers a
Oil & Gas
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t
Oil & Gas
Growth in LNG Export Capacity Will Be Limited in 2023
The LNG transport ship called KARMOL LNGT Powership Africa is shown offshore Africa in May 2022. (Photo: Reuters.)After growing aggressively for a decade, the a
Oil & Gas
Petronas Divests Entire Interest in Engen
Petronas has reached an agreement to sell its entire 74 percent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and p
Oil & Gas
North America Dominates the Global Shale Oil Market by Producing 50% Of the Total Market for Shale Oil; Learn About Market Drivers & Restraints.
The current market is growing at a moderate pace by registering a healthy CAGR during the foreseen time. The rising consumption of shale oil and growing end-use
Oil & Gas
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu
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

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Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

Oil & Gas Trade

GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025

UK Energy Company Centrica Triples Profit

First GECF Monthly Gas Market Report now available

Biden Administration Plans to Sell 26 Million Barrels of Crude

Growth in LNG Export Capacity Will Be Limited in 2023

Petronas Divests Entire Interest in Engen

North America Dominates the Global Shale Oil Market by Producing 50% Of the Total Market for Shale Oil; Learn About Market Drivers & Restraints.

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

What Would War-End Mean for Global Oil and Gas?

India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says

BP Posts Record Profit and Raises Dividend on Oil Price Boost

Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed

Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020

Shell and Conocophillips More Than Doubled Their Earnings in 2022

Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC

Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

Algeria and Spain in talks to increase gas supply

Nigeria Inks Massive Oil Deal With Supermajors

Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US