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Oil & Gas
Biden: “Exxon Made More Money Than God This Year”
The US President has slammed the oil sector over huge profits amid the energy crisis.
Oil & Gas
Aussie Giant Gas Probe Under Way
Australian independent Western Gas has spudded one of the nation’s most keenly anticipated offshore wildcats of 2022.
Oil & Gas
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos
Oil & Gas
New Gas Discovery for Energean off Israel
Hydrocarbon exploration and production company Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential
Oil & Gas
Chinese Giant Brings on Stream Two Projects in Bohai Sea
Chinese oil and gas player CNOOC Limited has kicked off production from two oilfield development projects located in the Bohai Sea off China.
Oil & Gas
Shell Gets Closer to Drilling North Sea Gas Target This Year
Oil major Shell and its London-based partner Deltic Energy are planning to drill an exploration well on the Pensacola gas prospect in the UK sector of the North
Oil & Gas
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l
Oil & Gas
Chevron Cleared to Start up Gorgon and Jansz Feed Gas Pipeline and Wells
Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Chevron’s environment plan for the commissioning, s
Oil & Gas
Empyrean Ticks off ‘Major Box’ at Chinese Well
AIM-listed oil and gas exploration company Empyrean Energy has backed up its pre-drill interpretation of seismic data related to the Jade prospect well located
Oil & Gas
All Approvals Ready for Australian Well Drilling to Kick off Next Month
With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon
Oil & Gas
US Resumes Public Land Leasing for Oil and Gas Drilling
The US Department of the Interior said around 144,000 acres of public land will be put up for sale this week, marking the end of a moratorium on new leases.
Oil & Gas
Australian Offshore Oil Exploration Well Imminent for SapuraOMV
The Malaysian-Austrian joint venture company SapuraOMV Upstream will spud early next month the Kanga-1 oil exploration well offshore Western Australia.
Oil & Gas
Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t
Oil & Gas
Shale Drilling Climbs Most in Month as Biden Calls for More Oil
Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a b
Oil & Gas
Ukraine-Russia Conflict Could Impact Vietnam Oil Drilling
PetroVietnam has cautioned that the disruptions to international trade caused by Russia’s invasion of Ukraine could impact its operations.
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