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Oil&Gas Drilling
Policy & Regulation
Drillers Ask U.S. To Exempt Smallest Wells From Looming Methane Rule
Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rules requiring drillers
Oil & Gas
ADNOC Awards Record US$4bn in Framework Agreements for IDFS
In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.
Oil & Gas
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo
Oil & Gas
Indonesia’s Pertamina Starts First Underground Carbon Injection Tests
Indonesia's Pertamina launched its first underground carbon injection tests this week, as the state energy firm seeks to cut carbon emissions while increasing o
Energy Economy
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
Policy & Regulation
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th
Oil & Gas
UK Launches Licensing Round for New Oil and Gas Projects
Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses
Oil & Gas
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Oil & Gas
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th
Policy & Regulation
US Offshore Regulator Seeks to Strengthen Well Control Rules
Proposed changes include altering several adjustments made during the Trump administration
Oil & Gas
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
Oil & Gas
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
Energy Economy
New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
Energy Economy
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Oil & Gas
Australia’s BPH Energy Explores Legal Avenues Over Project Permit
Australia's BPH Energy Ltd said on Tuesday it was conducting a review of options, including potential for legal avenues, after reports said former Prime Ministe
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26 Offshore Blocks up for Grabs in Trinidad and Tobago’s 2025 Deepwater Oil & Gas Bid Round